John Michael Radziwill is set to sweep up the 11-strong bulker fleet of Rewood Ocean Shipping Co (Rosco), sources say.
Talk of a deal running to $185m is rife in the market in what would be Radziwill's second major transaction in quick succession.
Chinese owner Rosco has been seeking a buyer for one capesize, three kamsarmaxes and seven panamaxes as parent, Sanhe Hopefull Grain & Oil Group, wants to cash out.
