The sale of the South Korean cement carrier, Morning Seagull, for $9.5m points to the market for at least some specialised tonnage holding up well.

The 7,576-dwt pneumatic cement carrier Morning Seagull (built 1986) has been bought by undisclosed Greek private interests. Market speculation is that it may well be one or other of the two specialists in this trade, Seabulk or Nafto Trade.

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