JAPAN LINE SELLING TANKERS AND BULKERS Major tanker operator, Japan Line Ltd <JLIT.T>, is selling 20 VLCCs and several bulk carriers for scrap or further trading, industry sources said. The tanker disposals include Japan Orchid (231,722 dwt), Japan Lupinus (233,641 dwt), Sovereign (233,313 dwt), Rosebay (274,531 dwt), Saffron (268,038 dwt) and Cattleya (267,807 dwt), all of which have been reported on the London sale and purchase market, they said, but refused to give further details. Japan Line officials declined to comment.