Centrofin has reportedly sold a bulker for more than double the price it paid just over a year ago.

Several brokerage reports say the Greek shipowner has sold the 52,500-dwt CE Guardian (built 2006) for between $10m and $10.6m.

That comes 14 months after the Dimitris Procopiou-led company paid only $4.6m to buy the supramax from Japan's Shinomiya Tanker, according to shipbroker data.