Hyundai Merchant Marine is selling a five-year-old capesize bulker in a deal that is sending conflicting messages about the direction of asset prices in the market.

The Sungdong-built, 180,000-dwt Hyundai Talent (built 2012) is in the process of being tied up by a Greek buyer for $30.5m. Some brokers name Seaenergy Maritime as the buyer but TradeWinds understands this is not the case.