A rampant sale-and-purchase market for bulkers seems to have generated a landmark deal, with several market sources suggesting that Maran Dry Management has agreed to offload all but one of its mini-capesizes.

Chinese buyers are said to be paying about $200m for seven Maran Dry-owned sisterships built at Shanghai Shipyard.

Brokers identified the ships as the 114,000-dwt Maran Aspiration (built 2012), Maran Dawn, Maran Sky, Maran Sun (all built 2011), Maran Progress, Maran Wisdom (both built 2014) and Maran Zenith (built 2013).