John Fredriksen is set to sell a number of Chinese-built bulkers that he bought in the secondhand market only a few years ago.

As Fredriksen has now turned to focus on newbuildings, market sources say his private company Seatankers is close to selling the 80,000-dwt kamsarmax Sea Trellis (built 2012).

Sources say the Jinhai-built ship, which is due for special survey in January 2022, is going for about $15.5m