JP Morgan is reported to have purchased another ship from the United Ocean fleet.
The US bank has bought the 81,000-dwt bulker United Liberty (built 2015) for a firm $24.8m, brokers say.
This Tsuneishi-built bulker is the last kamsarmax in the United Ocean's fleet.
Brokers say price represents a 5% increase on last done, the slightly older 81,000-dwt Goddess Santosh Devi (built 2014).
