Greek owner Navios Maritime Holdings is selling a supramax in a deal that is likely to represent a drop in the price of older bulkers.

New York-listed Navios Holdings has offloaded the 52,000-dwt Navios Herakles (built 2001), shipbrokers report.

A price of between $8.1m and $9m has been placed on the deal, compared with the $8.9m