Pantheon Tankers is in talks to offload one of its oldest crude carriers as it makes space in its fleet to take delivery of a batch of newbuildings.

Market sources told TradeWinds that a sale may be afoot for the 105,200-dwt aframax Astro Saturn (built 2003) at about $12.5m.

Pantheon managers declined to comment, in line with their company's policy on commercial matters.