Greece’s Sea Globe Management & Trading has shed its oldest bulker for further trading as part of a fleet renewal.

The Hanjin-built, 43,700-dwt Captainyannis L (built 1995) has gone to European buyers at a price just shy of $4m, TradeWinds is told, leaving the company with four vessels, including two nine-year-old supramaxes.

The ship has been with the Sea Globe fleet for 14 years.