Miyazaki Sangyo’s Capesize Bulker Open for Sale

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Diverse Japanese owner Miyazaki Sangyo Kaiun is in the process of selling the first cape of the year, reports Splash247.

Lowland Erica at $14.68m

The vessel on display is the 2007-built 177,000 dwt capesize bulker Lowland Erica. Online portal VesselsValue sets the market value of the ship at $14.68m.

The vessel has been inspectable over the weekend in Pyeongtaek, South Korea with a number of owners sending representatives to check out the ship.

Fourteen-ship strong Miyazaki Sangyo Kaiun has three ships in the cape segment.

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Source: Splash247