Hanjin Shipping is seeking to offload its sole VLCC in what would be only the second sale and purchase deal in the sector this year.

Brokers say the 318,000-dwt Hanjin Ras Tanura (built 2011) is being circulated with up to five parties inspecting the ship.

VesselsValue.com has a price of just over $78m on the tanker, but brokers suggest a lower figure is more likely today.