Director Anthony Palios confirms the 73,000-dwt Agios Efraim (built 1998) is up for sale.

The vessel was understood to be available for inspection in Kakinada until 17 January and then in Singapore where it had been expected to arrive around 22 or 23 January.

Palios says the ship has not yet received any offers.

Online platform VesselsValue.com puts a value of $7.1m