Bulkseas Marine Management, a family-owned company led by Stavros Meimetis, has emerged as the buyer of a kamsarmax previously managed by Pacific Carriers Ltd (PCL).

Managers at Piraeus-based Bulkseas confirmed to TradeWinds that the 83,000-dwt Ikan Bagang (built 2009) has come under their company's control and has been renamed Vela Star.

TradeWinds reported in August that the Japanese-owned vessel was sold to an undisclosed buyer for $12.5m.