Chinese owner CSC Phoenix has won an auction to buy two handysize coastal bulkers from China Minsheng Bank for CNY 76.9m ($11.2m), according to exchange filings.

The 22,907-dwt Zhang Hen Hai (built 2009) and 23,444-dwt Zhang Ling Hai (built 2010) had been leased by Mingsheng on bareboat terms to CSC Phoenix since March 2017.