XT Shipping has emerged as the buyer of a K Line bulker that changed hands in an off-market deal.

Shipping databases including Equasis now show the 185,800-dwt Cape Med (built 2006) in the fleet of the Israel-based shipowner, a joint venture between Idan Ofer and Udi Angel.

Fleet boost

The deal brings XT's diversified fleet to 26 vessels.

As TradeWinds reported in its online edition, European shipbrokers said Japanese giant K Line had sold the capesize vessel for $20.6m.