Shipowner Alpha DCM Investments has sold one of its supramax bulkers to Marshall Islands-registered Stem Marine.
Alpha DCM Investments, a 50/50 joint venture between Croatian firm Alpha Adriatic and Dutch financial adviser DC Maritime Partners, sold the 52,000 dwt bulker Valovine.
According to a Zagreb stock exchange filing, the vessel has already been handed over to Stem Marine in Veracruz, Mexico.
The vessel, built by Croatian shipbuilder Uljanik in 2016, was bought by Alpha DCM Investments in August 2021.
The vessel will now change its name to Serenity and a new contract was put in place to keep Alpha Adriatic as the operator of the vessel.
The only remaining supramax bulker in Alpha DCM Investment’s fleet is the 2013-built Punta, also built at Uljanik.