Pacific Carriers of Malaysia has emerged as the seller of a kamsarmax bulker to US-listed Navios Maritime Partners at a price almost twice as high as it fetched for a sistership in 2016.

European shipbrokers said the Singapore shipowner has sold the 87,000-dwt Alam Penting (built 2005) for $13.5m.

TradeWinds reported earlier this week that Piraeus-based Navios Partners — a spin-off of Angeliki Frangou-led Navios Maritime Holdings — had bought a ship that fits the description of the Alam Penting for $12.95m,