Carval Investors is rumoured to be entering the panamax market with the purchase of two bulkers in a $30m en bloc deal.
Multiple broking sources believe Carval is buying the 79,500-dwt pair Golden Trader I and Golden Trader II (both built 2012).
A price of $15m is being placed on each of the Jinhai Heavy Industries built ships, which some say remain in subjects.
A spokeswoman for Carval declined to confirm or deny reports of the sale
If confirmed, the transaction would add panamax bulkers to the company’s existing presence in the capesize and handysize arenas.
Andreas Wikborg of Arctic Securities said in a report this morning that bulker values have rebounded by 30% this year from lows last seen in the 1980s.
However, with the Baltic Dry Index back below 1,000 points this week, Wikborg says prices could slip by between 5% and 10% should rates remain weak.
“Should that happen, expect buying interest to increase again,” he said.
