Informed sources say the South Korean yard is seeking a buyer for the bulker after the Greek shipowner cancelled the contract. The 180,000-dwt ship, named Maria D, is the first of three newbuildings Marmaras booked in 2013 for a reported price of around $47m each.

A Sungdong official confirms the ship is being sold without giving details.

Sources say more than 10 shipping companies, one of which is said to be Zodiac Maritime, have shown interest and five were invited to inspect the vessel.

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