Portline Bulk International ultramax dry bulk carrier

Portline Bulk International sold ultramax dry bulk carrier M/V Port Belavista for $18.1 million with a time charter attached to Pacific Basin Shipping at $5,700 per day until May 2017. Portline Bulk International bought M/V Port Belavista for $28 million in 2014. After selling M/V Port Belavista, Portline Bulk International will have 13 trading dry bulk carriers left in fleet.