New Shipping is being linked to its first purchase of a bulker since November 2019, in the latest example of Greek owners upping their exposure to that arena.

Several brokers in Greece, the US and London are reporting that the Adam Polemis-led company is spending between $18.3m and $18.7m on GoodBulk’s 182,100-dwt Aquamarine (built 2009).

Built at Denmark’s Odense Steel Shipyard for about $110m, the Aquamarine is probably the most expensive capesize ever constructed, alongside five sister ships.