A former Sovcomflot-linked aframax has reportedly been sold for demolition in a rare departure from the tanker fleet.
Ship recycling brokers report that the 106,500-dwt Serano II (built 1999) has been bought by cash buyers in Bangladesh for an undisclosed sum.
Clarksons is quoting scrap prices of $520 per ldt for tanker tonnage, meaning the unnamed owner of the vessel could be achieving almost $8.5m
