Devbulk, a company led by brothers Hakki and Orhan Deval, has added a Japanese-built handysize to its fleet.
The Istanbul-based outfit has agreed to acquire the 35,300-dwt Kirishima Sky (built 2014) and is spending $16.5m in the process, according to Turkish ship management sources.
The vessel, built at MinamiNippon, will be delivered to its new owners in March.