Peter Dohle-controlled shipowner Splosna Plovda now owns just two ships after disposing of another supramax bulker.

European shipbrokers said the Slovenian company is selling the 55,000-dwt Cas Avanca (built 2009) to an Indonesian buyer for $7.5m.

The price is lower than some expected.

VesselsValue estimates the Hyundai Vietnam Shipyard-built vessel is worth $8.9m,