Lagos-based Ship & Shore Services has sold one of its four remaining tankers for scrapping in India.

Sources with knowledge of the Nigerian tanker market said the company’s 9,700-dwt African Asphalt (built 1972) is being prepared for a final voyage that will end at the breakers’ beach at Alang.

The asphalt carrier’s AIS transponder is currently broadcasting its name as De Conqueror, although no such change is shown in shipping databases, such as IHS Ships Register or Equasis.

It is unclear how much the ship has been sold for, although at current rates India is paying for tanker tonnage it is estimated to be worth $1.2m