Giant Chinese state owner Cosco Shipping Bulk has completed seven supramax sales this year with an en-bloc deal that shows strong domestic demand for the ship type.
Brokers said that after inviting bids last week, the quintet of 2011 and 2013-built vessels had gone to unnamed Chinese interests.
The Chinese-built, 56,600-dwt Wu Gui Shan, Shou Chen Shan, Yi Long Shan and Fu Quan Shan (all built 2013) fetched over $15m each.