Valles Steamship has sold its oldest vessel as it continues to renew its fleet.
US brokers said the Hong Kong-based tanker owner has offloaded the 105,000-dwt Seapacis (built 2005) to an Indonesian buyer for $15.5m.
The tanker, which was built at Namura Shipbuilding in Japan, is due for special survey in September this year.
The price for the Seapacis is identical to the $15.5m