SwissMarine has reportedly sold another veteran capesize bulker for demolition, in what is its send scrap sale in 2017.

The Geneva-based shipowner is said sold the 170,000-dwt Cornavin (built 1999) for a reported $344 per ldt, according to Clarksons.

SwissMarine will receive just over $7m for the 20,535-ldt vessel from Indian subcontinent shipbreakers for the South Korean-built ship.

The sale of the Conavin will leave SwissMarine with ten owned capesize bulkers, according to a fleet list on its website.

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