Target Marine is believed to have shaken out nearly one-third of its fleet in deals that will recoup the low-profile Greek owner’s investment in acquiring the vessels — plus the gains from trading them for several years.

Managers at the Piraeus-based company did not respond to a request for comment on several brokers reporting a $52m to $52.5m en-bloc sale of its two most modern vessels — the 63,000-dwt sister ships Syros Island (built 2015) and Andros Island (built 2016).