South Korea’s Polaris Shipping is said to have exited the supramax bulker sector by selling its only two such ships to Seacon Shipping.
Polaris has offloaded the 56,500-dwt Solar Jade and Solar King (both built 2013) for $12m each, with Chinese bulker owner Seacon said to be the buyer, according to sources.
The price is in line with the estimates for vessels with these characteristics by valuation services Maritime Strategies International and VesselsValue, which range from $11.7m
