Taiwan's Eddie Steamship has picked up two veteran capesizes at bargain prices.

The CC Hsu-controlled dry bulk shipowner has bought the 175,800-dwt China Steel Integrity (built 2002) and China Steel Responsibility (built 2003) for $9.2m and $9.3m, respectively.

They were the two oldest capesizes in the fleet of Taiwan's China Steel Express.

Their prices are well under the last done deal for capesizes of that vintage, the $10m sale of the DSME-built, 172,400-dwt Mineral Antwerpen (built 2003).