A 12-year-old post-panamax has headed to Greece after a sale that marked the exit of Italian private equity investor DeA Capital Alternative Funds from bulkers.

The 93,300-dwt Chiara D'Amato (built 2009) has been sold to Greek interests, according to a statement on Wednesday by law firm Watson Farley & Williams (WFW), which advised DeA on the deal.

The Chinese-built vessel was sold "at her market price, enabling DeA to exit the dry bulk sector", WFW said, without elaborating on the buyer.