The firm’s dry arm, Super-Eco Bulkers, shed a veteran panamax as it braces to digest the delivery of up to three handysize newbuildings.

The 74,700-dwt Altair (built 2001) was reported sold last week to unidentified interests for further trading, probably for more than $3m. The ship has now emerged in the fleet of Ukraine’s Unimor Shipping Agency under the new name of Seapower.