The Mitsui-built, 56,000-dwt Ikan Sudip (built 2008) has gone for $9.5m to an undisclosed buyer, according to sources.

VesselsValue estimates the ship is worth just $8.5m.

The prefix Ikan on bulkers is typical for ships in the PCL fleet.

Directories still list the Ikan Sudip as a PCL ship but a company official says it has been handed back to owner Eiko Kisen of Japan.

PCL