Greek shipping company Seapraxis Maritime has finally sold its sole ship at a considerable profit to what it paid for the vessel more than a year ago.

The 33,700-dwt Alpha Praxis (built 2004) was taken by an unidentified Greek peer for a price of $6.65m, market sources tell TradeWinds. Clients of Seapraxis purchased the Oshima-built ship from South Korea’s Hanjin Shipping for only $4.8m