QC Shipping Investments, a joint venture set up six years ago by Swiss trading house Quadra Commodities and Athens-based Erasmus Shipinvest, has offloaded its last ship at a profit.

Several brokers report that the 76,100-dwt QC Matilde (built 2002) was sold for about $10.8m to undisclosed buyers. Ship-management sources in Athens confirmed that a deal for the Japanese-built vessel has been concluded, but at “a much higher price”.