John Dragnis-led Goldenport has banked a tidy profit on the sale of a bulker to Pangaea Logistics.
The US owner announced last week it was buying the 76,600-dwt Madeleine (built 2006) in a $14.2m deal.
Confirmation of the transaction means Goldenport has sold the ship for more than twice what it paid K Line for the bulker two years ago.
