Fuzhou shipowner Jiuzhou Star Shipping is downplaying market talk it will sell out of shipping once its last capesize has discharged an Australian coal cargo.

But the company does not rule out a sale of the 176,000-dwt Yuan Fu Star (built 2011), the last remaining ship in what was an eight-vessel fleet early last year.

Meanwhile, Beijing's controversial import ban has made Jiuzhou Star — like some compatriot owners — wary of coal cargoes.