Capesize heavyweight Winning Shipping is believed to have added two more vessels to its fleet.
Shipbrokers are connecting the Singaporean shipowner with the purchase of the 203,000-dwt Mineral Nippon (built 2007) and the Rubena N (built 2006).
Prices of $23.5m and $22.5m are being placed on the respective ships, which were built at Universal in Japan.