Sources say that Hong Kong's KC Maritime has sold two 73,000dwt bulk carriers, the Darya Tara, built at the start of the millennium, and the one year younger Darya Shanti.
The ships are expected to fetch around US$3m each. The identity of the buyers has yet to be revealed.
Low key Hong Kong-based Beibu Gulf Shipping has confirmed that it is the taker of 2009- built kamsarmax FD Isabella.
Speaking from Beibu Gulf headquarters, strategically located in the famous shipping tower, Shun Tak Centre in Hong Kong, an official revealed, "We will make more acquisitions at the right timing. Under the current market situation, we will evaluate the market cautiously before making any investments."
The purchase marks the company's first secondhand purchase and increases its kamsarmax fleet to five.
Beibu Gulf is the shipowning division of state-owned Guangxi Beibu Gulf International Port Group.
Brokers reports that Karadeniz Holdings' bargain basement run of bulker acquisitions continues. Brokers link the Turkish player to a rare Norwegian OBO.
The company which has pioneered floating power stations has showed up often in broker reports lately as the buyer of elderly capesize conversion candidates.
This time Karadeniz has set its eyes on its first OBO, the 110,000dwt SKS Tana, for US$7m from Bergen-based Kristian Gerhard Jebsen Skipsrederi.
Taking advantage of low prices, Karadeniz has actively picked up secondhand tonnage at cheap prices.
Two Greek owners, Embiricos and Thenamaris, have been linked to two ships each from a quartet of kamsarmax bulkers sold by US-based Liberty Maritime.
Brokers say that the two Greek outfits have taken four 82,000dwt bulkers, built in 2012 and 2013. The price is between US$12m and US$13m per bulker.
Thenamaris has been active in the sale and purchase market lately while this appears to be Embiricos' first purchase of the year.
Embiricos is split between Greece's Aeolos Management and Monaco-based International Maritime Enterprises.
Japan's Kambara Kisen is shedding dry bulk tonnage fast. The owner, which also controls Tsuneishi Shipbuilding, has just completed the sale of its fourth bulker within a month.
The 82,500dwt Tsuneishi Zhoushan built FD Isabella has fetched US$9m. It is believed to have been sold to Chinese interests, with some brokers speculating that the state-run maritime conglomerate Beibu Gulf is behind the acquisition.
Kambara Kisen has sold an identical ship as well as a couple of supramaxes in the past four weeks.
Thailand-listed Precious Shipping Public Company Limited has sold one Handysize bulk carrier Fonthida Naree through its subsidiary Precious Cities Limited as a part of the company's fleet renovation plans.
The 1995-built 29,503dwt bulker was sold to an unnamed Singapore-based company for US$1.51m.
The sale comes "in accordance with the company's strategy to rejuvenate its fleet by selling its older vessels and acquiring younger and bigger vessels. This vessel is old and therefore, has been sold," the company said in a filing.
The ship was delivered to its new owner on March 21.
Brokers report that the Kawasaki Kisen Kaisha (K Line) has offloaded its first bulker of the year, joining a string of other Japanese top owners shedding ships fast in a sluggish market.
The seven-year-old 54,000dwt Kawasaki-built Calypso Colossus fetched a similar price to the US$8m that online portal VesselsValue.com sets for such a ship.
This week brokers report that Japanese shipowner Nisshin Shipping has offloaded two more ships.
In February, the active seller was reportedly in negotiations to sell a 15-year-old panamax, the 76,000dwt Medi Kobe, to Chinese buyers for US$2.7m, a record low at the time. The sale failed and now it has been sold for a slightly lower US$2.65m to Chinese buyers who have also taken the one year older and slightly smaller 74,000dwt Washington Trader for an undisclosed price. Nisshin is approaching ten bulkers sold so far this year.
Nasdaq-listed Paragon Shipping has agreed with its banks to sell off its entire fleet, composed of six dry bulk carriers, in exchange for full and final settlement of its outstanding debt.
The six vessels to be sold consist of two panamaxes (Coral Seas and Golden Seas) and four handysizes (Precious Seas, Priceless Seas, Prosperous Seas and Proud Seas).