Company manager Danos Zoulovits confirms to TradeWinds that the Shin Kurushima-built, 72,000-dwt bulker Lopi Z (built 1998) is in the process of being sold, with the deal still on subjects.

“It’s not 100% sure yet but it’s very probable that the deal will be struck,” he said.

Sources say the ship is heading to a Norwegian KS (limited partnership) company for further trading for $5.9m,