Reederei H. Vogemann of Germany looks set to exit the capesize market with the sale of its last remaining ship in the segment.
The company is believed to be in the process of selling the 176,800-dwt Vogerunner (built 2008).
Some brokers report that the ship has been sold to a Greek buyer for a price of around $19.5m.
However, others counter that the vessel did not go through at those levels and has instead been taken by an as yet undisclosed buyer at in excess of $20m.
