In a weekly market briefing GMS said Polish Steamship Co (Polsteam) is poised to rake in nearly $6.5m from the sale of the 73,500-dwtLegiony Polskie(built 1991).

The firm, which bills itself as the world’s largest buyer of scrap tonnage, claims the elderly bulker is going to be recycled at a facility in Pakistan.

The price tag tied to the transaction suggests that the Legiony Polskie commanded a rate of approximately $486 per ldt.

While