NYK Line is selling the 151,000-dwt Riental Treasure (built 1994) reportedly for demolition in Bangladesh, where it is likely to have fetched $5m.

The vessel, until recently named Oriental Treasure, is not due for special survey until April 2019.

In May, the major Japanese owner sold two other large bulkers — the 229,000-dwt Onga (built 2001) and 151,000-dwt Shin Ondo (built 1996) — for green recycling in China.