DHT Holdings has confirmed the sale of a suezmax tankers as it looks to take advantage of a high point in the cycle by cashing in older ships. 

Oslo-headquartered DHT today announced the $26.5m sale of the 152,900-dwt DHT Trader (built 2000).

VesselsValue.com prices the tanker, which DHT bought from OSG in 2007, at $23.50m today.

TradeWinds reported in November that the vessel was changing hands.