Nisshin Shipping's rapid fleet pullback continues apace. Having put a trio of kamsarmaxes in the shop window a few weeks back, the Japanese owner has now concluded a deal with Greece's Transmed to sell all three en bloc.

Brokers report that the three sister ships – Mangan Trader I, Mangan Trader II and Mangan Trader III – were sold for US$16.75m each. The ships – all built at Hyundai Samho in 2013 with an LOA of 235m – are the latest in Nisshin's dramatic scaling back of its dry bulk fleet. Nisshin ranks in the top five sellers of dry bulk tonnage so far this year.