Cash buyers have bought a pair of capesizes, doubling the number of such vessels heading for demolition since last month, brokers report.

According to Clarksons, Greece’s Golden Union is shedding the 171,400-dwt CIC Pride (built 2002) on an “as is” basis in Singapore at an undisclosed price.

At the same time, Winning Shipping is believed to be divesting the 172,600-dwt Winning Integrity (built 2000) “as is” in Singapore at $602.5 per ldt, or $12.78m in total.

Underwhelming earnings for big bulkers have increased owners’ incentives to part with their capesizes.