Publicity-shy Isle of Man bulker owner MX Bulk has achieved a firm price for an 82,000-dwt resale due to be delivered by Tsuneishi Zhoushan in December.

The bulker, to be named Vorana Manx, fetched $40m, according to sources.

It is a higher price than recent resales of other kamsarmaxes due for delivery next year, and reflects the strong dry bulk market.

The price premium paid is likely to be for the planned delivery from the yard in December or January.