Japanese shipping company Nisshin Shipping has decided to offload four Panamax bulk carriers for a total of US$60.8m, showed VesselsValue data.

Built in 2013 by Japan's shipbuilder Jiangsu New Yangzijiang, the vessels are being bought by an anonymous Greek shipowner for a price of US$15.2m a piece.

The bulkers in question are the 81,700dwt Canon Trader II, Kapetan Trader I, Kapetan Trader 2, and Kapetan Trader 3.

The latest sale marks the continuation of Nissin Shipping's selling spree as the company aready agreed to dispose of a number of its Panamax bulk carriers earlier this year.

Namely, in mid-February, the shipping firm entered into an agreement with an unknown South Korean owner to sell the 2012-built Bergen Trader I and 2013-built Bergen Trader 2.

Also in February, the company sold its Billion Trade II to Greece-based Pavimar SA, while it agreed to sell its Epson Trader 2 bulk carrier to Chartworld Shipping earlier in January 2017.

Following delivery to the vessels' respective owners, Nisshin Shipping's fleet will consist of 32 bulk carriers and 17 tankers, according to data from VesselsValue.