Belgian capesize giant Bocimar has secured a firm price for one of its elderly vessels.
Bocimar chief executive Benoit Timmermans confirmed the 171,000-dwt Mineral China (built 2003) had been sold.
Brokers in Europe said the Hyundai Heavy Industries-built ship has gone for $14m to a South Korean buyer, with a three-year charter back to Bocimar at an undisclosed rate.
