SBM is said to have sold the 265,000-dwt Alba (built 1989) “as is” in Labuan, Malaysia.
Market experts are placing a price in the region of $10m on the vessel, which has been at anchor at the famous layup spot since June 2011.
SBM purchased the ship as Albatross from Greek owner Dynacom in a $25m deal in April 2011, with the tanker slated for conversion into a floating production, storage and offloading (FPSO) unit.
