Price pressure spreads

The pressure on bulker values could be spreading from Chinese-built units to ships built elsewhere.

The 76,000-dwt Japanese-controlled and built Golden Kiji (built 2007) is reported sold for $19.5m.

UK-based online plattform company says the ship is worth $20.5m.

The Nissen Kaiun bulker is coming  off a period charter to Golden Ocean Group in September.