The company will receive $455 per ldt, or $5.8m, for the 20,700-dwt Eurocargo Europa (built 1981), according to cash buyers.
Subsidiary Malta Motorways of the Sea operates the vessel and three others, including sistership Eurocargo Africa which was built in the same year.
Grimaldi ordered three 29,000-dwt conros from South Korea’s Hyundai Mipo Dockyard (HMD) last year to replace the ageing duo, as well as the 25,450-dwt Repubblica di Amalfi (built 1989) which has already been demolished.
The
