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The 72,000-dwt bulker Rigel (built 1998) is docked at Vanino, Russia, in 2019. Bulkseas Marine Management has sold the panamax for demolition. Photo: Andy Ru/MarineTraffic

Bulkseas Marine sells panamax as scrap prices inch back up in Bangladesh

Sale of bulker owner's oldest ship follows purchases by Greek owner of younger vessels

16 February 2021 12:08 GMT Updated 16 February 2021 13:50 GMT

By Trond Lillestolen

Greek bulker owner Bulkseas Marine Management has disposed of its oldest ship amid a modest rebound in prices for demolition in Bangladesh. The company

Bulkers

Bulkseas Marine sells panamax as scrap prices inch back up in Bangladesh