The 264,000-dwt very large ore carrier (VLOC) Handan Steel (built 1994) has gone for optional delivery to the Indian subcontinent for an estimated $12.5m to $13m. It is not due for special survey until June 2019.

Zodiac bought the Handan Steel as the single-hull tanker Han Ei from NYK Line for $51m in August 2007 and converted it into a bulker.

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