Croatian shipping company Atlantska Plovidba has announced that it has sold its 1995-built 75,500 dwt panamax bulk carrier City of Dubrovnik and delivered the vessel to the new owner at Port of Eemshaven in Netherlands.
Splash understands that the ship was sold to German owner Oldenforff Carriers for a price of $10m and ship has been chartered back to Atlantska under a five-year bareboat charter arrangement. MSI values the ship at $4.9m.
Atlantska currently owns a fleet of 13 bulk carriers.
