Brokers are linking the operator turned owner with the 170,900-dwt Orchid River (built 1997).  

SwissMarine is tipped to have paid $12.5m for the ship from Kumiai Navigation of Singapore.

Attempts to reach Weernink for comment on the deal were unsuccessful at the time of writing Monday.

If confirmed the sale would mark more bad news for asset values. Berge Bulk paid $15m for the 172,800-dwt Cape