An aframax tanker that was allegedly engaged in sanctioned oil trades, stripped of the flags of Panama and Cameroon, and accused by Eswatini of falsely flying its flag has been sold for recycling.
Owner Evita Maritime, a Marshall Islands-registered entity, has been unable to trade the 112,100-dwt Prada (built 2001) since March, market experts said.
Brokers reported that it has been sold to an unknown demolition cash buyer for just $480 per ldt, or $9m in total.