Supramax specialist White Sea Navigation is making its first move for Japanese-built tonnage in more than a decade, Athens-based brokers report.

The company, led by Captain John Kehagias, is believed to have acquired the 55,600-dwt Topaz Halo (built 2011) from Japan’s Nikko Kisen.

Estimates on the price the vessel has fetched vary between $15m and $15.4m. Kehagias could not be reached for comment by the time of writing.