Oslo-listed Stolt has disposed on the 4,800-dwt Stolt Tern (built 1992), TradeWinds is told.

No price has been revealed for the tanker and sources at the owner decline to disclose the terms of the deal.

VesselsValue.com prices the veteran vessel at $2.6m.

Stolt Tankers has a live fleet of 74 vessels worth a collective $1.228bn, VesselsValue says.

Data from Clarksons places Stolt as the eighth largest tanker owner globally, with 1,848,536-dwt on its books.

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