Tomini Shipping has bought two Taylor Maritime Investment-owned handysize bulk carriers.
The deal comes as Tomini is selling a supramax and staging an exit from the sector.
According to brokers, joining the Dubai-based bulker company are the 38,000-dwt Nordrubicon and Nordcolorado (both built 2016).
Edward Buttery, chief executive of London-listed Taylor Maritime, revealed in early December that his company had sold two Chinese-built bulkers for a combined $42.8m