German dry bulk giant Oldendorff Carriers has sold its 2016-built capesize bulk carrier Hark Oldendorff to US investment firm JP Morgan.
Multiple brokers reported the 209,325 dwt vessel went for a price tag of $45m, lower than the VesselsValue estimate of $49.74m. Delivery is scheduled for January next year.
Oldendorff acquired the vessel, formerly Trust Amity, from Singapore-based Trust Energy Resources, a subsidiary of Tata Power Company, in June last year. Prior to the acquisition, the ship spent four years on a charter with Oldendorff, following its delivery from Yangzijiang Shipyard.
The company recently ordered a capesize bulker at Namura Shipbuilding, with delivery scheduled for the fourth quarter of 2022.