Gener8 Maritime is on the verge of selling one of its oldest VLCCs in a deal that will finally see Winson Shipping enter the sector.

Peter Georgiopoulos-led Gener8 is understood to be in the process of offloading the 312,000-dwt Genmar Vision (built 2001) to the Taiwanese owner, sources say. Others point to the sister Genmar Victory as the ship being sold.

A