DND Management has sold its last vessel as the Greek owner gears up to renew its fleet.
The IHI-built, 42,000-dwt bulker Holy Light (built 1997) was put up for sale in October last year, when it was valued at in excess of $4m.
The handymax, which is due for special survey in April next year, has gone for $2.5m — or $400,000 over demolition value — for further trading to a Chinese buyer.
DND
