Euronav of Belgium looks set to further reduce the number of 1990s-built tankers in its fleet.

The Danish KS (limited partnership) that owns the 291,000-dwt TI Guardian (built 1993) is understood to be in the process of selling the vessel to a Greek buyer. Some say a deal has been concluded for a little under $20m. However, a representative for the KS says no deal has been done, although he admits that talks are ongoing.

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