Worsening market sentiment is not discouraging determined buyers from pouncing on mid-aged capesizes offered by sellers shaking off tonnage as values slide.
At least 10 such vessels have changed hands since 22 November, according to official company statements or broker reports that have yet to be confirmed.
The transactions concern tonnage built between 2007 and 2013, with European and Asian firms on both the buying and selling sides.
