Greek shipowner Allseas Marine is set to exit the handysize bulker segment after selling a 16-year-old vessel.

Several shipbrokers reported that the Michael Bodouroglou-led company has sold the 28,400-dwt Voula Seas (built 2002) to a Lebanese buyer for $6.5m, a price that is roughly in line with expectations.

In August last year, Allseas was reported to have sold the vessel to a Chinese buyer for $5.3m,