Norway’s JL Mowinckels Rederi could be set to sell a panamax bulker that for years has led to losses for the company.

Chief executive Geir Belsnes confirmed that the 75,000-dwt Ogna (built 2008) is on the market.

“We have put it for sale and we’ll see what happens,” Belsnes said.

The Jiangsu Rongsheng Heavy Industries-built ship is ready for inspection in Singapore.