Greek-Cypriot shipping company Lemissoler Navigation has offered its three oldest ships to potential buyers as it prepares to renew its fleet with a slate of newbuildings.

Athens brokers reported the 56,800-dwt Lefkoniko (built 2010) as a sale candidate, with the CSC Jiangdong Shipyard-built vessel docked at the Iraqi port of Umm Qasr this week.

Lemissoler is made up of a group of companies based in Limassol, Cyprus, which has eightultramaxes on order at New Times Shipbuilding that are due for delivery in early 2020.