Transmed Shipping appears to have sold a 16-year-old panamax bulker, completing an earlier effort to offload the vessel that probably failed due to unforeseen circumstances.

Athens-based brokers said the low-profile shipowner has sold the 73,000-dwt Edelweiss (built 2004), although others said the deal is still under negotiation.

The Jiangnan Shipyard-built ship has gone to undisclosed interests for $6m, the sources said.