Greek Phoenix Energy Navigation sold two baby capes

Greek Phoenix Energy Navigation sold its two oldest baby cape size bulk carriers to an Indian buyers. Korean Daewoo 2003 built baby cape size bulk carriers 104K DWT M/V Phoenix Alpha and M/V Phoenix Beta sold for $20m each. Greek Phoenix Energy Navigation bought both bulk carriers in 2004 for $53m each as M/V Finesse and M/V Felicity. In January 2016, Greek Phoenix Energy Navigation bought cape size bulk carrier built 2005 176K DWT M/V Maritime Power (ex M/V Nord Power) from Dampskibsselskabet NORDEN A/S for $12m.