German bulker giant Oldendorff Carriers has snapped up four baby-capes in a deal that shows a strong rise in bulker values this year.

The Dayang built 118,000-dwt UBC Ottawa, UBC Odessa, UBC Olimbus and UBC Oristano (all built 2011) are believed to have been sold for $80m enbloc.

Brokers point to the January sale of the 114,500-dwt n Bouchanan (built 2011) at $13.2m