Bergen-based J Ludwig Mowinckels Rederi is marketing its last suezmax for sale.
But chief executive Geir Belsnes told TradeWinds that brokers are too early in their reports of a sale of the 158,900-dwt crude carrier Vinga (built 2012) for a high price.
Mowinckels owns 50% of the vessel alongside Tom Steckmest-controlled Viken Shipping, which has been selling down in suezmaxes and owns just one other ship in that bracket.