The Jinhai-built, 79,000-dwt (built 2012) Zhushui 5 is now said to have gone to an undisclosed Greek buyer for $20.9m.

The ship, along with a sister vessel, the Zhushui 3 (also built 2012), was reported sold four months ago to Greek owner Polembros Shipping for $23.5m each but no deal materialised.

Both are owned by Seroja-Zhushui Shipping.

Another Jinhai-built bulker, the 176,000-dwt Luo Jia Shan (built 2014), is said to have been sold to an undisclosed Italian owner by Grand China Logistics for $44.5m.