Vintage specialist Tianjin Dongjiang Shippping is linked with another elderly workworse, sources tell Splash.
The Chinese outfit is linked to the purchase of the 73,400 dwt ship Endless for $3.2m.
The bulker hit the water for the first time in 1999 and is believed to have been sold by Greek owner Sea Justice.
Low profile Dongjiang Shippping is listed by database Equasis with one handymax and two panamaxes, all China flagged ships built in 1993 or older, while Sea Justice is listed with four similar sized ships as Endless, of which three are modern tonnage. Endless is the oldest bulker in the Sea Justice fleet.