Louis Dreyfus Armateurs (LDA) has reportedly sold one of its four modern capesize bulkers, according to shipbrokers.
It is said to have sold the 171,900-dwt Pierre LD (built 2005) for a reported $12.2m with her special survey and dry dock freshly passed.
George Lazaridis, head of market research & asset valuations at Allied Shipbroking, said the sale epitomized the prevailing downturn in the secondhand market.
“It
