The Greek shipowner said it had sold the 48,170-dwt Golden Trader (built 1994) to UK-based OPES Shipping for $4m in cash.

The John Dragnis-led company said the delivery of the vessel to the new owners took place on 9 April 2015.

Goldenport said it has taken a non-cash impairment charge of $5.5m against the book value of the vessel in its end of year statement.

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