Sea Star Ships sold old panamax dry bulk carrier

China based shipowner and operator Sea Star Ships sold 1999 Japanese built panamax dry bulk carrier 73K DWT M/V Luyang Eagle for further trading for $3.5 million. Demolition price for M/V Luyang Eagle is around $3 million.  China based shipowner and operator Sea Star Ships bought M/V Luyang Eagle as M/V Cielo Lucia for $10 million in November 2012. Sea Star Ships has 1998 built panamax dry bulk carrier 72K DWT M/V Jin Run in its fleet.