TradeWinds reported at the end of Octoberthat the 2,300–ceu ship had gone for recycling in China, but the company saidit had not been sold.

CEO Engebret Dahm told TradeWinds on Mondaythat the company was working on a number of other alternatives at the time ofthe original sale report.

He added, quoting TradeWinds’ founder KaareValebrokk: “We may be wrong, but we’re never wrong for long.”

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