The last tanker in the fleet of Brightoil Petroleum was auctioned in China on Tuesday and, like others before it, probably passed into Greek hands.

Market sources in Athens and Hong Kong said Pantheon Tankers submitted a winning bid of about $58m for the 319,800-dwt Brightoil Gem (built 2013).

One market source pinpointed the price at $57.35m.

TradeWinds understands four potential buyers, who were described as the "usual suspects", inspected the ship.