Hong Kong's Jinhui Shipping and Transportation is logging a modest profit from selling a supramax.
It said the 51,000-dwt Jin Quan (built 2002) is going to Boa Fortune Shipping of Hong Kong for $6.9m.
Jinhui has owned the ship since 2007 and it has a book value of $6.52m.
It estimated the gain from the deal at $0.22m.
The bulker made a profit of $0.225m