Jaya Samudra Karunia sold panamax for demolition

Jakarta based shipowner and operator Jaya Samudra Karunia sold panamax dry bulk carrier 1983 built 70K M/V Victory Union to Bangladesh Scrapyard for $3.3 million. In 2006, Indonesian shipowner and operator Jaya Samudra Karunia bought M/V Victory Union from Greek owner Tsakos Shipping as M/V Irenes Vigor for $7.9 million.