Fratelli Cosulich Group has bought a secondhand handysize bulker from Doun Kisen, bringing its fleet to 15 bulkers.

The Timothy Cosulich-led diversified owner said on Wednesday that it has acquired the 38,900-dwt Venture Ocean (built 2015) without disclosing the purchase price or the seller.

The ship is currently owned by Doun Kisen, a Japanese owner of small and midsized bulkers, according to VesselsValue.