A 10-year-old capesize bulker that was rumoured to have been sold for $37m four months ago is now changing hands for $41m, reflecting the heady state of the sale-and-purchase market.
The 181,400-dwt True Cartier (built 2014), which is controlled by a fund managed and arranged by JP Morgan, is being bought by Oldendorff Carriers, according to market sources and brokers.
