Seven days ago, New York-listed dry bulk owner Genco Shipping & Trading revealed it was adding a modern capesize to its fleet. The company has agreed to acquire a 2019 Imabari-built, 182,000 dwt scrubber-fitted vessel, with delivery expected in June 2026.

Now, sales registers link the ship to Singapore-based tonnage provider Goodwill Maritime. The vessel, Lowlands Spirit, is operated by Belgian heavyweight Cobelfret.

The sale marks Goodwill Maritime’s exit from the capesize segment. It also signals the end of an era, with Lowlands Spirit understood to be the final cape carrying the Lowlands suffix — a naming convention long associated with Cobelfret’s bulker arm.

The capesize is priced at $65m and is expected to trade in the spot market, where Genco has been building exposure to larger, higher-earning ships.