Hong Kong bulker owner Parakou Shipping has sold its two oldest ships.
The 37,000-dwt Eider and Redhead (both built 2004) went to an undisclosed buyer, according to European shipbrokers.
Price estimates vary from $4.7m to $5.25m, which could be considered low, as VesselsValue says the bulkers are worth $6.22m each.
The vessels are believed to be on charters to Canfornav until the end of 2018 at about $7,000 per day.
