Greek owner Empire Bulkers has sold its oldest vessel, a 14-year-old supramax bulker.
Sources say the Oshima-built, 53,000-dwt Ata M (built 2003) has gone to an undisclosed buyer for $8m, in line with expectations.
The Ata M was bought as Medi Osaka in July 2015 for $7.8m from Nisshin Shipping of Japan. Empire did not respond to requests to comment.