The Italian seller said the deal for the 36,000-dwt handysize Cielo di Parigi “reaffirmed its skills in the S&P market” as it was concluded in a rising market.

Last week, TradeWinds cited brokers as saying the ship fetched $13.25m.

The company cancelled a contract to offload the vessel last year for $12.7m to South China Transportation, because the buyer failed to take delivery of the vessel within the agreed deadline.

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