Another panamax bulker looks set to enter the domestic Indonesian coal trade as brokers report that as-yet-undisclosed interests have purchased a vessel from Reederei Roth of Germany.

The 72,900-dwt Monte Pelmo (built 2000) has reportedly been sold for $8m.

Reederei Roth managing director Thorsten Meier confirmed to TradeWinds that the vessel had been sold but offered no hints as to the identity of the buyer.