China Huarong Financial Leasing scored top dollar bids for a supramax bulk carrier it sold on the Zhejiang Shipping Exchange’s (ZSE) online auction platform Shipbid.

The strong buyer interest at the auction highlights the high demand for bulkers in a bull market that shows little sign of abating.

The 56,400-dwt bulk carrier Hua Rong 1 (built 2012) sold for for CNY 124.1m