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Pangaea offloads supramax to China’s Sea Ray

US bulker owner Pangaea Logistics Solutions has revealed the sale of one of its older bulkers in its second quarter report. Pangaea said it had entered into an agreement to sell 2002-built supramax bulker for $4.6m. The bulker has been delivered to its new owners, which Equasis shows as Chinese company Sea Ray Shipping. It …

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