Zodiac Maritime continues cape size bulkers

Eyal Ofer’s Zodiac Maritime Agencies continues to be busy disposing of vintage bulkers for demolition. ItZodiac Maritime Agencies has sold the 267,000— DWT M/V Wugang Orient (built 1991) for scrapping in Bangladesh for $234 per ldt, or $8.7m. It is the fourth large bulker that the UK—based company has sold for recycling this year. Zodiac Maritime Agencies still has 9 capesizes built before 2000.