Singapore-based Berge Bulk is buying a VLOC from Japanese shipowner NS United Kaiun Kaisha for $37m, according to brokers.
Maritime data provider VesselsValue estimates the 250,800-dwt NSU Inspire (built 2011) has a market value of $39m, suggesting Berge Bulk secured a $2m discount.
Japanese shipping sources told TradeWinds they believe the deal is still under negotiation.