Greek owner AM Nomikos is set to sell a supramax bulker that has been a cash cow and in its fleet since new.
The company is seeking a sale of the IHI-built, 52,000-dwt Rainbow (built 2004). It is arriving in Klaipeda, Lithuania, this week for discharge.
The vessel was one of six sisterships AM Nomikos ordered for between $19m and $20m each and traded through the market's boom years.
