HMM’s thirst for modern bulker tonnage has given Densay Shipping an asset play opportunity with a seven-year old handysize.

The Dubai-based company has sold the 36,200-dwt SSI Daring (built 2017) to HMM for $26.55m, according to market sources.

Densay, which is led by shipowner Tayfun Gunerhan and his sons, had acquired the scrubber-fitted vessel in March this year for about $24m.