Greek owners, who are traditionally quiet on the sale-and-purchase front during the holiday period, appear to have been busy disposing of supramax bulkers instead.
Sources tell TradeWinds low key players have been behind at least four sales that have achieved surprisingly firm prices in the first week of August.
First Lines has sold the Tsuneishi Zhoushan-built Christine B (built 2009) to US-based Navios Maritime Partners for $13.8m.
