Chemical tanker giant Stolt-Nielsen has sold another of its vintage units.

The 39,000-dwt Stolt Mountain (built 1994) ship is set to be scrapped in India.

The price has not been disclosed, but could be around $5m.

Stolt-Nielsen bought the epoxy coated ship in 2006 as Montana Sun for $15.5m.

In October the Norwegian owner sold the 31,000-dwt tanker Stolt Vinland (built 1992) for scrap.