According to Lion Shipbrokers of Greece only five bulkers changed hands this week, which is well below the totals tallied earlier this month.

“The BDI fluctuated above and below the 900 mark, sending negative vibes through the sale-and-purchase market and thus activity slowed,” it told clients Friday.

In the firm’s weekly market update report its research team indicated that the transactions included the sales of one panamax, two handymaxes and a pair of handysizes.

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