‘Mineral Monaco’ sold

Bocimar International and its joint venture partner Drylog have sold the Capesize vessel 'Mineral Monaco'

The vessel was built relatively recently, in 2005, and has a deadweight of 180,263 tonnes.

The net sale price amounted to US$48 million.

At the time of delivery of the vessel, scheduled to take place in the course of the second quarter 2010, Bocimar's share in the capital gain will amount to approximately US$7 million.

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Baird Maritime / Work Boat World