The fleet of Malysian Bulk Carriers (Maybulk) is set to shrink further as the company seeks a buyer for one of its most modern ships, the 55,000-dwt bulker Alam Makmur (built 2015).

The Mitsui-built ship can be inspected in Yangjiang, China, this weekend and is expected to receive strong interest.

A price of around $21m has been mentioned for the bulker, which was reportedly ordered for $26m to $27m.