Cyprus-based Castor Maritime has returned to the secondhand market with an $18.15m splash on an aframax/LR2 tanker.

The Nasdaq-listed owner said the vessel was built at a South Korean yard in 2006.

The ship, its seventh of this size, will be delivered this month and comes with a time charter attached at a daily rate of $15,000, plus a 50% profit-sharing arrangement.