Leros Management of Greece is seeking a sale of all four bulkers in its fleet.
The vessels were ordered at the peak of the market in 2008, and the shipowner is poised to to recoup only a fraction of what it paid for them.
Three of ships are supramaxes from China's Cosco Zhoushan Shipyard, while the fourth is a handysize bulker from Dae Sun Shipbuilding & Engineering of South Korea.