Some Brazilian and Chinese shipowners have recently sold their tankers for scrapping at firm rates, underscoring the bullish mood among ship recyclers, market sources said.

Brazilian state-owned energy firm Petrobras is reported to have sold the 153,000-dwt Cartola (built 2000) through its subsidiary Transpetro for about $8.87m, or $388 per ldt.

The price tag is inclusive of the 1,100 tonnes of bunker fuel aboard.