New York-based bulker owner Foremost Maritime is set to dispose of a capesize vessel built at Shanghai Waigaoqiao Shipbuilding (SWS).

The Wan May (built 2012) is en route to Port Hedland, Australia, where it is expected to arrive at the end of this week.

The vessel has been in the Foremost fleet since it was new. Nine of the 18 bulkers listed in the company’s fleet were built at SWS.

The