Brokers say the US-listed player has circulated a 16-year-old supra­max for sale, the 52,400-dwt Star Delta (built 2000), which is at anchor at Shuaiba, Kuwait.

Star Bulk acquired the Tsuneishi-built vessel more than nine years ago from Nobu Su company TMT for an undisclosed price. VesselsValue says it is currently worth about $5m, far above its estimated demolition value of $2.9m.

Star