Sources say it is selling the 37,000-dwt AEC Faith to a Greek buyer, possibly Evalend Shipping.

The ship is due to be delivered from Naikai Shipbuilding & Engineering in April and is said to have gone for $22m.

TradeWinds could not obtain comment from AEC.

An Evalend manager said by e-mail he could not comment at this stage, given the confidentiality surrounding sale-and-purchase (S&P) transactions.