Avin International of Greece has continued the renewal of its fleet with the demolition sale of a products tanker, sources say.

The Ukrainian-built, 45,000-dwt Kriti Amethyst (built 1996) has gone to Bangladesh for $427 per ldt or $5.3m, TradeWinds understands.

This year the Varinoyannis company has sold four 1990s built tankers including, one MR tanker, two aframaxes and a suezmax or demoltion.