Trustees of United Ocean Group continue to offload bulkers onto the sale-and-purchase market, creating an opportunity for rivals to pick up a bargain.
This week, the Tsuneishi Cebu-built, 57,000-dwt Ocean Symphony (built 2012) is understood to have been sold to JP Morgan Asset Management for $15.2m, as TradeWinds reported in its web edition.
VesselsValue priced the ship, which is due for special survey, at $16.25m.
