The S Livanos group of Greece looks set to cut its bulker fleet further.
Brokers in Europe say the shipowner has put its 73,000-dwt Ioannis Zafirakis (built 2004) up for sale.
The Namura Shipbuilding-constructed vessel is one of the oldest bulkers in the fleet of the Greek shipowner's Alios Bulkers.
The ship is inspectable in Qingdao, China, next week when it will be discharging.