Japanese shipping giant NYK Line has put the 300,000-dwt tanker Takasaki (built 2005) up for sale, sources tell TradeWinds.

Brokers believe the IHI-built ship will fetch about $35m, which is in line with recent VLCC sales.

A tanker source said Japanese owners do not tend to hold onto VLCCs that are more than 15 years old.

“They do not want to bear the extra cost in maintaining old tankers,” the source said.