Icon Capital has sold two supramaxes with the assistance of US shipowner Ed Coll in a transaction that provides further evidence of firming asset values in the sector.

TradeWinds reported in May the 57,000-dwt Bulk Power (built 2010) and the Bulk Progress (ex-Amaxing, built 2010) were being circulated for sale.

Now shipbrokers say the vessels have been purchased by a Chinese shipowner at a price of $11.5m