US shipowner Ed Coll has agreed to help fund manager Icon Capital end an investment in two supramaxes.
A struggling Singapore offshore player is doing something similar after paying $1m to get out of a bareboat charter of an offshore supply lay-up veteran.
The supramaxes are the 57,000-dwt Bulk Power (built 2010) and the Bulk Progress (ex-Amaxing, built 2010), originally ordered at Cosco Zhoushan Shipyard.
