Taiwan Navigation is tidying up its fleet, with Shanghai-based shipbrokers saying that two bulker sales are imminent.
Chinese shipowners are considered the most likely buyers of the company's oldest panamax and a supramax of the same vintage, given the ships' trading patterns.
The 77,800-dwt Tai Progress (built 2004) has been inspected by a number of Chinese shipowners on its recent visits to northern mainland China.
