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One of the most famous names in Japanese shipowning history has slashed its fleet in half.
Sanko Steamship has sold the 11-year-old, Sasebo-built panamax bulker Sanko Fortune for $21m to undisclosed Greek interests leaving it with just one ship left, the 2021-built, 82,514 dwt Sanko Hawking bulk carrier.
Sanko, founded in 1934, was the biggest shipping casualty of the 1980s. It went bust again in 2012 and has since been cutting its fleet back in size dramatically.
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