Grieg Star has sold a handymax bulk carrier for "green" recycling, while its sister company GriegMaas has taken delivery of a new vessel.

The 40,900-dwt geared Star Fuji (built 1985) was delivered on Wednesday to the EU-approved Leyal Ship Recycling yard in Aliaga, Turkey.

Grieg Star estimates that during its 34-year lifespan, the South Korean-built open-hatch bulker sailed around 2.5