Japan’s Iino Kaiun Kaisha is rumoured to have exited the capesize market with the sale of a veteran bulker.
However, brokers say there is some uncertainty around the reported sale of the 152,400-dwt Blue Island (built 2000).
Iino is said to have secured between $7.5m and $8.5m for the vessel, according to reports from some respected brokerages.
Others aware of the potential deal say they are yet to report it to clients as they are not convinced a transaction has taken place.
