Navision sold handymax for profit

Denmark based shipowner and operator Navision Group sold 2007 built handymax dry bulk carrier 48K DWT  M/V Stelvio for further trading for $7.5 million. Denmark based shipowner and operator Navision Group logging a profit on this sale. Navision Group bought M/V Stelvio as M/V Loyal Union for $6.3 million from Greek shipowner Union Commercial. Last year, Denmark based shipowner and operator Navision Group sold 1995 built M/V Navision Alliance to Turkish shipowner for $3.2 million.