Hong Kong bulker owner Ocean Longevity has acquired a second panamax in as many weeks.
Sources say the company is the buyer of the Sasebo-built, 75,000-dwt Privatlantic (built 2012) from Bariba Corp of Greece.
TradeWinds reported in August that the ship had been sold to a Chinese buyer for $18.4m but sources close to the deal put it at $18.5m.