Greek owner Kairis Brothers Shipping (KBS) is selling its only vessel to a Greek peer backed by Norwegian financiers.
The company has agreed to dispose of the New Times-built 81,000-dwt Tenten (built 2012) for a relatively firm $18m, according to shipowning sources in Athens.
John Kairis-run KBS did not immediately respond to a request for comment or to elaborate on the future of the company, which is not listed with any other ships.
