Star Bulk Carriers has sold a four-year-old ultramax at a discount to the price paid when it acquired the ship from Delphin Shipping about eight months ago.

New York-listed Star Bulk agreed to divest the 63,000-dwt Star Anna (built 2015) at a price above $17.5m, brokers in the United States and Greece reported.

TradeWinds understands, however, that the deal was concluded at a price above that level, just shy of of $18m, according to market sources in Athens.