Jacques de Chateauvieux has sold one of his modern ultramaxes.
His Greenship Bulk has offloaded the 63,500-dwt JS Rhone (built 2012), shipbrokers say.
A figure of $12.5m is placed on the vessel, a fraction below the $12.64m VesselsValue has against the ship.
Greenship, which is listed on the Oslo over the counter market, is the beneficial owner of the bulker that is operated by Setaf Saget.