Norwegian shipping tycoon John Fredriksen has continued to dispose of bulkers from his privately controlled fleet with the sale of a kamsarmax bulker.

His Seatankers company has offloaded the 81,000-dwt Sea Ace (built 2012) in an $18.5m deal with a Greek owner, well-placed sources said.

Athens-based brokers said Kassian Maritime Navigation of Greece was the buyer but managers at the company declined to comment.