Neda offloaded the 51,000-dwt Karavados (built 2002) in December to unidentified buyers for $5.5m. Brokers then had conflicting information of the ship having gone to either Turkish or Greek buyers.

It has now reappeared in Gulnak’s fleet trading under the name Gulluk.

The Gulluk becomes the third and biggest ship in the Izmir-based company’s fleet. It is also its first purchase in more than three years.