Tomini Shipping has expanded its fleet to 17 vessels with the acquisition of a modern kamsarmax bulker.

The United Arab Emirates-based company said it has bought the 81,000-dwt Dansas (built 2015) and renamed it Tomini Bravery.

No financial terms were disclosed, but VesselsValue estimated that the Jinling Shipyard-built vessel is worth $28.9m.