Samios Shipping of Greece is scaling down the size of its fleet, which has been cut to a single bulker after the sale of an 18-year-old panamax.

Sources say the Imabari-built, 72,000-dwt Agia Pisti (built 1999) has been sold to a Chinese buyer for as much as $4.6m.

VesselsValue says the ship, which is not due for special survey until December 2019, is worth just $4.1m.

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