The scrapping of 1990s-built capesize bulkers is accelerating, with at least four more vessels sold on Friday.
This takes the number of ships demolished to 44 this year, against 24 for the whole of 2014.
Greek owner NGM Energy has sold the 164,000-dwt NGM Sailor (built 1996) into Pakistan for $418 per ldt or $10m.
NGM bought the ship as Vogesailor for $11.6m
