CSL Group is closing in on its third bulker buy in under a year.
The Canadian shipowner is in discussions to purchase the 28,306-dwt Glorious Sunshine (built 2009), a spokesperson for the company confirms.
Brokers have suggested the Shimanami-built ship is set to change hands in an $8.5m deal.
"We're in the process of purchasing the Glorious Sunshine, and we'd rather not comment on the cost," said CSL Group spokeswoman Brigitte Hebert.