HNA Technology's drive to sell off its dry bulk fleet continues at a deliberate speed.

The division of China's HNA Group is in negotiations to sell the 79,500-dwt Grand Amanda (built 2011).

However, a company official denied broking rumours a Greek buyer has walked away from the ship.

In particular, they dismissed the idea prospective buyers have raised objections to the lasting structural effects of a 2016 grounding in a Belgian port.

"That grounding was over two years ago, we resolved it with class immediately, and the prospective buyer has said nothing about the accident," said a company official, who declined to be named.

Negotiation is focused on the price of the Jinhai Intelligent Manufacturing-built ship.

Brokers put HNA's asking price at around $12m, and the HNA official acknowledged that the figure is not far off.

HNA Group shipowning affiliates have historically been kept fleet details close to their chests, and the company declined again this week to provide a list of ships still under its control.

But the official said the dry bulk fleet currently comprises 11 ships including capesize, kamsarmax and panamax vessels.

The company still intends to sell the entire fleet, but is in no hurry.

"No other ships are being circulated right now," said the official. "We are not being aggressive about it."

The fleet currently sailing under the HNA Technology corporate name previously went under such names as HNA Logistics and Grand China Logistics.

The fleet of the polyonymous Shanghai-based owner continues to trade in the spot market pending a sale of Grand Amanda.

Many branches of the financially troubled HNA Group have making renewed efforts to sell assets to pay down group debt.

TradeWinds reported last month on efforts by Oslo-based HNA affiliate Sinoceanic to sell containerships with charters attached to pay back equity to HNA, which remains Sinoceanic's largest shareholder.