The Mouskas family of Greece looks to be shifting into the kamsarmax market.

The family is known for the London based capesize owner Zela Shipping, but appears to have made the latest move via a vehicle called Olympia Ocean Carriers.

Broking sources in Greece say Olympia has bought the Hyundai built 81,000-dwt bulker Archigetis (built 2011) from compatriot owner Archipelago Shipping, paying in excess of $20m.