Its 29,600-dwt Northern Light (built 2001) isthought to have been picked up by a Greek owner.
A price of $10.8m has been placed on the deal.
The sale will see Mizuho exit the handy sector, andleave it with a fleet dominated by capesize and panamax bulk carriers,according to data from vesselsvalue.com.
Brokers note that last week the 28,600-dwt New Light(built 2002) changed hands at $11.1m.