Taiwanese shipowner Chi-Chien Hsu (CC Hsu) has resumed a string of secondhand capesize buys that started in 2020, taking advantage of a dip in the capesize chartering market and in secondhand sentiment.

The purchase of the 203,500-dwt newcastlemax China Steel Realist (built 2007) from Taiwanese compatriot China Steel Express brings the capesize fleet of Hsu's Eddie Steamship to five.

But it is uncertain whether his lastest purchase will be put to the same commercial use as the other ships, which have all so far gone to a Chinese-Taiwanese venture in which Eddie is a...