Vafias family-controlled Stealth Maritime has boosted its presence in the capesize bulker sector, adding ships recently sold by JP Morgan and South Korea’s H-Line Shipping amid declining prices in the sector.

The ships were bought by Brave Maritime, the dry arm of the Vafias group, but will be managed by Stealth Maritime, sources told TradeWinds. The two ships join the 12-strong dry Brave fleet that now totals four capesizes.

The Greek ship manager, which was founded by Nikolaos Vafias, has listed the 175,000-dwt Aquafortune (built 2011) and 179,300-dwt HL Shinboryeong (built 2010) on its website.