White Sea Navigation of Greece has sold its oldest bulker and the last built in the 1990s to an Indian owner.
White Sea secured $4m for the 45,800-dwt Sophia (built 1996), shipbroking sources tell TradeWinds.
Seaport Logistics is said to have bought the Japanese-built bulker.
According to data from VesselsValue, the Greek owner is left with four vessels in the water with an average age of just five years.
