Capital Maritime & Trading has made a quick $2m profit by flipping a capesize it acquired less than three months ago, according to market sources.
Several brokers in Greece, London and the US report the Evangelos Marinakis-led owner as selling the 177,500-dwt Aristofanis I (built 2005) to unidentified South Korean buyers for between $16.5m and $16.7m.
The Mitsui-built vessel used to trade in the fleet of Japan’s Sanko Steamship as Euro Fortune.
