The 161,000-dwt Anangel Ambition (built 1991), which has been in the fleet since it was new, has been sold “as is” in Singapore for $307 per ldt, or $5.9m, according to sources.

This year, Anangel has sold four capesizes and the 73,000-dwt Anangel Omonia (built 1996) for recycling.

But the company still has seven 1990s-built bulkers, plus the overaged, 246,000-dwt Anangel Zhongte (built 1989), in its fleet.

The