Golden Union has quietly acquired a panamax bulk carrier from Shoei Kisen of Japan in what is the Greek owner's third bulker purchase this year.

The 76,600-dwt Gu Imabari (ex-KM Imabari, built 2009) was acquired in an off-market transaction that was completed in mid-October. No price has been disclosed.

VesselsValue estimates the bulker's current market value is $13.9m, while Maritime Strategies International puts it at $14.3m.