Kumiai Senpaku has moved quickly to dispose of a capesize bulker that was previously on charter to Hanjin Shipping.

The Japanese shipowner is said to have sold the 180,000-dwt Hanjin Matsuyama (built 2011) for $22.75m, according to online valuations platform VesselsValue.

The identity of the buyer is currently unknown, but a number of parties are said to have inspected the vessel during a call at Luo Jing, China.

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