Unibulk Shipping Enterprises of Greece is without any vessels, at least for the moment, after the apparent scrapping of its only bulker.

Market reports this week show the 41,000-dwt Panormitis AV (built 1996) to be heading for demolition in Bangladesh.

A price of $398 per ldt — or $3.9m — was placed on the vessel, which is now listed in the Clarksons database as carrying the name Norm and being under the management of Ace Exim, a Singapore cash buyer.