New York-listed TEN says its VLCC, the 301,000-dwt Millennium (built 1998), has been taken on a six-month deal by an international major.

While a day rate is not disclosed the owner says the charter is worth around $10m.

George Saroglou, chief operating officer of TEN, explained the contract is further evidence of the strong tanker market spurred by the decline in the price of oil.

He