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.