Greece’s Lemos Group has bought its second capesize in as many months.

Operating through Valhal Shipping, its exclusive Hamburg-based dry bulk agent, siblings Filippos and Andonis Lemos are spending $50.5m on the 181,200-dwt Mineral Yarden (built 2016), ship-management sources told TradeWinds.

The Imabari-built ship is currently co-owned by Bocimar and National Coal Supply Corp, the company responsible for supplying coal to Israel.

The Mineral Yarden is among the three youngest capesizes to change hands in the sale-and-purchase market since February and its purchase underlines steady buying interest in the sector amid rising earnings and steady