Greek shipowner Empire Bulkers has scored a profit of more than 75% on the sale of a 15-year-old supramax that it bought two years ago.

Shipbrokers said the Stamatis Molaris-led company sold the 53,000-dwt bulker Mastro Nikolas (built 2003) to an undisclosed buyer for $9.5m.

Empire did not respond to a request for comments.