Beks Shipmanagement and Trading has buttressed its newly acquired position as one of Turkey’s few capesize owners, buying a second large bulker in less than a month.

Managers at the Istanbul-based outfit confirm that they have agreed to purchase the 179,100-dwt True Endurance (built 2012) for between $32.5m and $33m.

IHS Markit lists True Endurance as controlled by Bermuda-based Defender Holdings, an outfit linked to US bank JP Morgan.