Chinese bunker supplier Southernpec Corp is scrapping a floating storage and offloading unit.
Demolition brokers say the 299,000-dwt Marine Star (built 1994) has been sold as is in Malaysia for $410 per ldt, or $16.8m.
The ship is likely to be torched in Bangladesh, they say.
Southernpec did not respond to requests for comments.
It bought the tanker as La Madrina from Tsakos Energy Navigation in 2012 for $21m.
