Grimstad-based JJ Ugland Group is planning to sell more of its oldest bulkers.
Last year the company disposed of the 52,000-dwt Fermita (built 2001), which was sold to Chinese interests for $6.6m.
Some brokers now claim JJ Ugland is in the process of selling the Tsuneishi Cebu-built 52,000-dwt bulker Rosita (built 2004) to Indonesian interests for $6.6m.
