Chellaram Shipping of Hong Kong is set to sell its oldest bulker, an 11-year-old supramax, having acquired two modern handysizes this year in unreported deals.

European brokers say the Mitsui-built 56,000-dwt Darya Vishnu (built 2006), which has been in Chellaram's fleet since new, is expected to arrive in Algoa Bay, South Africa, for bunkering this week where it can be inspected.