Chinese shipowner Fortune Ocean has sold two bulk carriers over the past week at firm prices.

Brokers report the owner divested the 82,204-dwt kamsarmax Xing De Hai (built 2017) for $37m, which had been leased from owner Minsheng Financial Leasing since delivery.

The buyer is reportedly India’s Tolani Shipping, which owns and manages nine bulkers up to kamsarmax in size.