The 170,000-dwt Glory Claire (ex-Cape Eregli, built 2000) fetched $400 per ldt, according to various shipbrokers in Greece and the United States.

The deal is in line with recently ship recycling prices that have been declining as a stream of large bulkers enter the market.

Clarksons lists the 20,600-ldt ship as controlled by Singapore’s RGL Shipping, which has been active on the newbuilding front lately.

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