Greek owner Euroseas has sold its 1998-built handymax bulker Monica P for $6.45m.
The vessel, which comes off a $10,000 per day charter next month, was sold to an unaffiliated third party with delivery scheduled for June 30.
Aristides Pittas, chairman and CEO of Euroseas, commented: “As part of our drybulk fleet renewal program we have committed to sell our eldest drybulk vessel, the 20 years old m/v Monica P, which will soon be replaced by our Kamsarmax new building m/v Ekaterini expected to be delivered within May 2018.”
Euroseas currently has six bulkers on the water made up of three panamaxes, one kamsarmax, one ultramax and the now sold handymax.