Taiwanese bulk carrier operator Franbo Lines has announced that the company has sold its 2008-built 9,000 DWT general cargo vessel New Lucky.

The Japanese-built geared vessel has been sold to Turkish bulk operator Ranmarine Denizcilik. The value of the deal was not disclosed. VesselsValue’s valuation on the vessel is $3.46m.

The vessel will be delivered before September 15.

Franbo Lines currently owns a fleet of 13 vessels comprising of three handy bulkers, nine small bulkers and one Ro-Lo ship.