Japanese shipowner Mitsui OSK Lines has sold one of its LR2 product tankers, brokers say.

It is believed the 105,800-dwt Phoenix Dream (built 2005) has been purchased by a Greek shipowner.

Initial market rumours had last week pointed to a transaction at around $14.5m.

Now brokers tell TradeWinds a sale has been agreed at a price in the region of $13.5m.