A handysize bulker at the centre of a legal battle between a British lender, its US backer and a Greek owner has ended up in the fleet of Turkey’s Densay Shipping after being auctioned in the UK.

The 36,000-dwt Alkyon (built 2015), previously owned by Stallion Eight Shipping and managed by Ariston Navigation, has entered Densay’s fleet as SSI Reliance, ­online directories show.