EGD Shipholding is poised to sell a supramax bulker in what will likely be a profitable deal nearly a year and a half after it was purchased.
The Bergen shipowner is likely to garner $14m from the sale of the 58,000-dwt Caroline Victory (built 2008).
EGD bought the ship from Orient Line of Japan for $8.5m in May 2016, when it was the Ikan Siakap.