The Vafias family has extended a busy period of investment in the dry cargo market with a $40m-plus move for two secondhand bulkers, according to market sources.

Vafias company Brave Maritime is believed to have bought a supramax and a post-panamax in deals that slipped below the radar.

Market sources said the Greek shipowner has acquired the 95,700-dwt Van Gogh (built 2013) for $25m.