NYK Bulk & Projects is in the process of selling one of its older bulk carriers to as-yet undisclosed Vietnamese interests.

The Japanese shipowner’s 31,900-dwt bulker Lodestar Princess (built 2005) is changing hands for $6m, brokers reported this week.

Market sources suggested that the vessel is being acquired by Tan Binh, Vietnam’s most prolific buyer of handysize and handymax tonnage.