The sale of another large bulker for scrap has added to the optimism in the demolition market.

Following recent sales of VLOCs by Berge Bulk and Polaris Shipping, several brokers in London and Athens have reported that Greece’s Golden Union has offloaded the 172,500-dwt capesize Crassier (built 2000).

Demolition market reignites for large bulkers as Berge Bulk sells fifth in a year
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The Theodore Veniamis-led company did not immediately respond to a request for comment.