DSD Shipping of Norway is selling its oldest vessel, a 15-year-old MR product tanker, as it renews its fleet.

The ­Stavanger-based shipowner has sold the 45,780-dwt Stavanger Breeze (built 2004) for $8.65m, according to US brokers.

The price for the STX Offshore & Shipbuilding-built ship is at the low end of valuation estimates ­despite firm freight rates.