Tanker giant Euronav will book a loss of $3m from selling a suezmax for conversion.
The 158,000-dwt Felicity (built 2009) has gone to a global supplier and operator of offshore floating platforms, it said on Tuesday.
But the cash generated on the transaction after repayment of debt will be $21.1m.
The vessel has been delivered to the new owner and will be converted into an FPSO.
