The 52,000-dwt bulker Lord (built 2004) is set for inspection in Visakhapatnam, India, and sources feel it could make $12m to $13m.
The Tsuneishi Cebu built vessel was bought as Nord Vision for $25m in November 2008, just as the market started to fall. In July 2011, the owner was said to be close to a $24m sale, but no deal was sealed.
The
