Three shipowners are being tied to sales of panamax bulkers at prices that show continued rising values for Japanese-built tonnage.

Several brokerages report that Japan's Abo Shoten has sold the 75,400-dwt Bariloche (built 2007) for between $13.5m and $13.8.

The price tag is roughly $2m higher than Seasure Shipbroking estimated the the Universal Shipbuilding-built ship to be worth at the start of the week.