Parakou Tankers is believed to have sold off its second products tanker in quick succession.

Brokers and analysts are reporting the owner has cashed in the 51,200-dwt PTI Volans (built 2006).

A price of between $15.2m and $15.5m is being placed on the STX-built tanker, which Magnus Fyhr of Seaport Global says it in line with the present market.

This is supported by the $16.25m