Far East Horizon scrapped panamax

Far East Horizon scrapped panamax dry bulk carrier for $2.5 million. Far East Horizon of China sold 1996 built 70K DWT M/V Richmond for demolition in Bangladesh for $275 per Idt. Far East Horizon of China bought M/V Richmond as M/V Pierre in 2009 for $22.5 million from OceanFreight. In June 2016, Far East Horizon sold 1998 built dry bulk carrier 45K DWT M/V Top Brilliance to another
Chinese shipowner for $2.45 million.