As we reported yesterday, ER sold the 179,000-dwt ER Beilun and ER Brazil (both built 2010) to the Chinese owner in a $98.5m deal.

Today ER reveals a third vessel, the 179,000-dwt ER Buenos Aires (built 2010), has been simultaneously fixed to Sinotrans on a medium term charter.

Jochen Klosges, chief executive for ER Schiffahrt, said: “We are pleased to have deepened our cooperation with the Sinotrans group and look forward to further strengthening the ties between our companies across a variety of activities in the future.”

ER