The Japanese shipowner sold the 280,000-dwt Takasago Maru(built 1999) for storage purposes, brokers say.

No figure was placed on the sale but online platformvesselsvalue.com puts a figure of $19.7m on the ship.

If confirmed the sale would leave NYK with one 1990s-built vesselamongst its fleet of 20 VLCCs.

Nathalin’s recent forays into the second hand VL market givean indication of how values have been falling.