The Japanese shipowner let go of its 51,100-dwt Sea Elegance (built 2002) for $12.5m, according to US and European broker reports.
The buyer is not disclosed although there are rumours of a Greek company behind the deal.
The price appears to be lower than the growing rate for a supramax of this age.
VesselsValue.com, the valuation platform of UK broker Seasure Shipping, puts the ship's value at $14.7m.
However,
