Martinos family company Thenamaris has completed its first bulker purchase since 2016, but at a much reduced scale than initially envisaged.

The 180,100-dwt capesize Tiger Guangdong (built 2011) has joined Thenamaris under its new name Sealeader II, according to a posting on the Greek company’s website earlier this week.

This is just one of a quartet of similar ships being sold by China’s Greathorse International that Thenamaris had tied up on subjects in early November in a potential $64m deal.