Greenship Bulk Trust says it may sell another five of its ultramax bulkers as it looks to continue to restructure its debts.
It plans to hold an extraordinary general meeting (EGM) of shareholders on 18 April 2017 in Singapore to seek approval for the move.
In the EGM notice it tells investors that it wants to sell the ships at a minimum price net of broker fees of $17m per ship.
Greenship
