Singapore-based Shenlong Maritime is reported by brokers to have sold one of its older MR2-type chemical/product tankers to as-yet-undisclosed Indonesian interests.

The SPP-built, 50,200-dwt St Jacobi (built 2014) is said to have gone for $22.9m, which is lower than the $25.8m spot price pegged on it by VesselsValue, although brokers suggested the ship may have been on subjects for an extended period of time.