Indian owner Great Eastern Shipping has struck a deal to sell its 2006-built supramax bulk carrier Jag Rohan.
The price and the buyer of the 52,450 dwt ship Great Eastern picked up for $9m as Tenshou Maru in March 2017, have not been disclosed.
The Tsuneishi Cebu-built ship, estimated by VesselsValue to be worth $10m, will change hands in the third quarter of the financial year.
Mumbai-listed Great Eastern, which counts a diversified fleet of over 40 ships, earlier this month purchased an MR tanker Grand Ace8 for around $23.8m and has also been linked to panamax bulker Port Star in a deal worth some $20.2m.