Japan's Kasuga Kaiun has reportedly acquired a domestic bulker resale.

The 60,297-dwt hull 710, named by Clarksons as Justicia Pescadores or Amis Benefit, has been sold for $25.8m.

It is owned by its builder, Onomichi Dockyard-controlled Saiki Heavy Industries.

The bulker is due for delivery in 2018.

The vessel was reported to have been ordered in November 2013 for $29m.