Liberty Marine Syndicate sold last supramax bulk carrier

Indian shipowner and operator Liberty Marine Syndicate go out of shipowning with the sale of its only supramax dry bulk carrier 2003 built 52K DWT  M/V Liberty Prudencia for $6.3 million last week. Kolkata based shipowner and operator Liberty Marine Syndicate purchased M/V Liberty Prudencia as the M/V New Orion for $29.5 million from STX Pan Ocean in 2010. Chittagong-based shipowner and operator Brave Royal Shipping might be the possible buyer. Fall in Indian coal imports to about 155 million tonnes this year from 185 million tonnes in 2015 because of higher domestic production has affected the regional dry bulk market so Indian shipowner and operators like Liberty Marine Syndicate.