Tokyo: The 76,000 dwt bulker Million Trader, which had been reported as sold several times this winter, has finally found a buyer.
The Japanese owner, Nisshin Shipping, only fetched $9.3m for the 11-year-old ship.
In March, the vessel was tipped as sold to Modion of Greece for around $10m. This sale was never finalised however.
Tanker specialist Avin International, which has a fleet of some 20 tankers, is now tipped as the buyer of the ship. The company also has a four-year-old, slightly smaller bulk carrier in its fleet list. A spokesperson for Avin declined to confirm the acquisition when contacted by Splash.
A year ago a sister ship of the Million Trader was sold for twice the price.
