The fleet controlled by Greek owner Michael Bodouroglou continues to shrink with the sale of a 15-year-old handysize bulker.

Sources say his Allseas Marine has sold the 28,400-dwt Voula Seas (built 2002) to a Chinese buyer for a firm $5.3m. VesselsValue says the Kanda-built ship is worth $4.3m. Allseas did not respond to requests for comment.

The vessel was bought as Destino Dos from Eastman Transport in October 2012 for $11m.