Korea Line offloads supramax quartet 

Korea Line Corp, a part of SM Group, has recently sold a total of ten ships this year, including supramax bulkers and capesizes, with a reported deal worth up to $50m for four 2010-built sister vessels. The Seoul-based company has been actively offloading tonnage since May, notably selling four modern VLCCs earlier this year, indicating a shift in focus away from the supramax segment. This move comes as part of Korea Line’s strategy to reshape its fleet composition and focus on specific vessel types.

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