Ness, Risan & Partners (NRP) is in the process of sewing up a deal to buy an eight-year-old handysize bulker from Nordic Hamburg.
Brokers said the Norwegian finance house is paying $9.5m for the 35,000-dwt Nordic Riga (built 2010).
NRP partner Ragnvald Risan confirmed his company is interested in the vessel.
The Oslo-based firm traditionally sets up limited partnership companies, often with Norwegian investors, to own the ships it buys.