Greek bulker owner Franco Compania Naviera has sold two modern panamaxes in an internal deal possibly struck at above-market prices.

Sources say the Nicolas Frangistas-led company has sold the 76,800-dwt Calhoun (built 2006) to an undisclosed buyer for $6.75m.

The Sasebo-built bulker has just passed its second special survey.

The price tag suggests a rebound in secondhand values.

Last week, TradeWinds reported that the Imabari-built, 76,000-dwt Ocean Wind (built 2005) was sold to India’s Apeejay Shipping for $5.75m.

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