In a statement the New York-quoted operator said the 180,000-dwt vessel cost $50m and is due for delivery by the middle of next month.

According to the Clarksons Shipping Intelligence Network database the unit, Hull Number BC18.0-51, was inked by Oldendorff Carriers in January 2013.

Industry observers note the same German operator sold a 180,000-dwt bulker under construction at Beihai to Diana for $58m earlier this year.

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