Athens-based shipowner Soloi is now left without any vessels following a sale of its last two ships.
European brokers said the Greek company has sold the 57,000-dwt Dimi (built 2011) and sistership Ellie (built 2012) for $17.8m en bloc to an undisclosed buyer.
Soloi did not respond to requests for comment on reports that Jinling-built supramaxes have been sold.
The deals could spell an end to the company's shipowning activities.
Soloi had already been scaling down its fleet. In February, the outfit sold two slightly older sisterships — the Maria (built 2009) and Lietta (built 2010) — for $17.6m en bloc to Hong Kong-based Dai Tang Ocean.
Soloi has not purchased a vessel since 2018, whet it bought the 76,000-dwt bulker FD Vitorio Raiola (built 2010) for $17.8m.
Soloi sold the ship, which was renamed Faye, this year for just $12.8m.
In May this year, Interunity took over control of the 81,000-dwt bulker Andromache (built 2017) from Soloi.
The depressed bulker market appears to have hit bulker owners like Soloi hard.
The company was founded in 2006 by Johnny Kalimeris and Stelios Joannou, a scion of the family behind construction group Joannou & Paraskevaides. It has been operating at the same address as Avax SA, the Joannou family’s construction company.
