Two bulkers in the fleet of defunct Greek shipping company Probulk Shipping & Trading have ended up in Pakistani scrapyards.
Their arrival at Gadani follows a demolition deal that apparently benefits a single set of creditors and leaves others mulling how to recoup their money.
The 45,700-dwt Ptolemeos (built 1995) and 46,700-dwt Arybbas (built 1996) have been sold for demolition in Pakistan at an undisclosed price, brokers in Athens and London said in recent days.
