Panamaxes and kamsarmaxes are all the rage in the secondhand market, pushed by Greek outfits seeking to replace ageing tonnage with larger and younger ships.

The market has been awash with talk of such deals.

In one of them, several brokers reported S Livanos outfit Alios Bulkers to be selling the Tsuneishi-built, 76,000-dwt Bellamys (built 2005) for $17m to an undisclosed Chinese buyer.

Alios chief executive George Fragos confirmed the vessel is up for sale but insisted no deal had yet materialised.