Michele Bottiglieri Armatore (MBA) has been widely reported by brokers to have sold two post-panamax bulk carriers to Samudera Indonesia.

The Chinese-built, 93,300-dwt MBA Giovanni (built 2010) and MBA Rosaria (built 2011) are said to have been offloaded for $16.75m each.

The sales leaves MBA with just one ship — the 82,200-dwt MBA Future (built 2009).