Greek owner Erasmus Shipinvest has sold its oldest bulker.

It has offloaded the 74,000-dwt panamax Glory Rotterdam (built 2001) to an undisclosed buyer for $8.1m, European brokers said, and Erasmus has confirmed the deal.

The vessel passed special survey in February 2016.

The timing of the purchase was not ideal for Erasmus, as it paid D’Amato nearly $18.3m