Swiss owner Massoel Shipping has exited the bulker sector with the sale of its final handysize.
Shipping databases show the 20,000-dwt Andermatt (built 2002) has been snapped up by Greek owner New Kronos Star Maritime for $2.2m.
Another Massoel handysize, the 20,000-dwt Lugano (built 2003), went to a Lebanese buyer in June for $2.4m. It was due for special survey in December 2022.
