Indonesia's Gurita Lintas Samudera denies reports suggesting that it was the buyer of a British Marine supramax bulker reported sold last week.

A senior Gurita Lintas source flatly rejects reports this week that it is behind a deal for the 53,000-dwt Grasshopper (built 2002), which shipbrokers said had been sold to the company for $9m. “We didn’t buy it,” the executive said.