The vibrant bulker market continues to produce a steady stream of secondhand deals in the biggest kind of vessels.
According to several broker reports, Japanese interests have found Chinese buyers for the 178,400-dwt Cape Garland (built 2009) for a price just above $32m.
The Mitsui E&S-built vessel circulated for sale early last month, and the price it fetched is far above what analysts estimate it is worth.