Greek bulker owner Franco Compania Naviera has cooled market talk that it is selling a 13-year-old panamax.

US brokers have linked the company's Sasebo-built, 76,000-dwt Calhoun (built 2006), which is due for special survey in January 2021, to Ukrainian buyers for $10.8m.

However, managers at the Greek company said that no such sale has been agreed and that the vessel remains in its fleet.