Anglo International Shipping is expanding its fleet with a seven-year-old post-panamax bulker from Kambara Kisen of Japan.

Brokers said the company has purchased the 98,700-dwt Jo Jin Maru (built 2012) for $19.8m.

The Tsuneishi Group (Zhoushan) Shipbuilding-constructed vessel is due for special survey in June 2022, and the price is in line with expectations.