The Roussos family of Greece has not been particularly successful after moving into shipowning seven years ago.

It set up bulker company Ariston Shipping that until recently had a fleet of three 1990s-built handysizes. Now, one vessel, the Hakodate-built, 44,000-dwt Blue Angel (built 1994), has been sold to a Middle East-based buyer for further trading. The ship is understood to have fetched $2.5m,