Monaco's Transocean Maritime Agencies is to sell its oldest vessel, a 16-year-old panamax bulker that has been a money-spinner for the company.
The Hyundai Samho-built, 75,000-dwt Audax (built 2001) arrives in Singapore this week where it can be inspected, TradeWinds is told.
The ship is likely to fetch up to $8m.
Transocean could not be reached for comment on the sale.
