Portugal's Portline Bulk International has confirmed the sale of two early 2000-built supramax bulkers, but has denied reports that a third vessel has been sold.

Jorge Fernandes, executive director of Portline, confirmed that the 52,000-dwt Port Estoril and the 50,000-dwt Achilleus (both built 2001), both are committed for sale, but said he is not in a position to release further details.