Reederei Nord has sold its last LR1 product tanker amid a firm market for coated panamax tankers that continues eliciting ample buying interest.

Several brokers report that the German company obtained $30m for the 74,000-dwt Two Million Ways (built 2008).

Turkish tanker operator profits on sales of recently acquired product tankers
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This covers much of the $38m that Reederei Nord spent to acquire the ship 13 years ago.