Technomar Shipping remains busy in the sale-and-purchase market, acquiring a Chinese-built panamax from Germany’s Chemikalien Seetransport.

Sources say it has paid $8.3m for the Hudong-built, 74,400-dwt Trans Pacific (built 2004). The low price indicates the deal was concluded some time ago and is only surfacing now.

Technomar executives were not available for comment by the time TradeWinds went to press.