UK-based commodity trader Holbud Group is the buyer of this 2006-built 82,800 DWT Kamsarmax bulker Medi Hong Kong.

Brokers reported the vessel as sold for a price of around $9.25m in March, citing Middle Eastern buyers. However, the vessel has been renamed The Unity and is now operating in the fleet of Holbud’s Indian-based SNP Shipping Services.

SNP Shipping Services now owns a fleet of 11 bulk carriers, made up of 10 Panamax/Kamsarmax bulkers and a Supramax.