New York-listed VLCC player DHT Holdings has sold its oldest tanker to an unidentified party for $43.4m, the company said on Thursday.

The 317,800-dwt DHT Scandinavia (built 2006) is listed as worth just under $41.8m by VesselsValue.

DHT will keep all the proceeds as the VLCC carries no bank financing and the funds will go to general corporate purposes, the owner said.