Bombay-listed Great Eastern says the 164,000-dwt Jag Arjun (built 1996) has been sold and will be delivered to its new owner in the final quarter of the company’s financial year.
While details about the vessel’s destination were not disclosed, TradeWinds reported on Friday the ship was one of a number of capes sold for demolition.
The latest shipbrokers’ reports suggest a price of $373 per ldt was secured for the bulker, meaning an $8.725m
