Adam Polemis company New Shipping has sold a veteran suezmax tanker for scrap.

The 147,000-dwt New Vision (built 1996) has gone "as is" in Fujairah for $421 per ldt or $9.4m.

New Shipping bought the vessel as Hellespont Trooper in September 2012 for $12.25m.

The tanker is due for special survey in November 2020.