Rhodium Resources claims market speculation linking the outfit to the purchase a supramax bulker for $13m is unfounded.

The company has been connected to the acquisition of the 57,000-dwt Smolensk (built 2013).

Ojas Doshi, managing director of holding company Rhodium Investments, tells TradeWinds that no such deal has taken place.

“I am aware that this is being said in the market, but it is not true,” Doshi said.