Idan Ofer’s Eastern Pacific Shipping has sold the last of its large bulkers that was built before 2000, the 266,000-dwt ore carrier Handan Steel (built 1994).

European scrap brokers say the vessel has gone to a 'green' recycling yard in Bangladesh for $274 per ldt or a total of $10.4m.

The buyer has an option to take delivery of the vessel in Colombo, TradeWinds understands.