The secondhand market for large bulkers has been taking an almost frantic pace as the year nears its close, with yet another high-profile deal coming to the fore.

Major Greek shipowner George Economou has divested a the youngest newcastlemaxes, in his fleet. He has been marketing the duo for sale since September.

The 208,800-dwt Netadola and Xanadu (both built 2017) have been sold at about $38m each, according to several Greek shipping market sources in Athens and brokers in London and the US.