In yet another example of an unexpectedly perky secondhand market for tankers, Euronav expanded its fleet renewal campaign by shedding an ageing suezmax.

According to the Equasis and IHS Markit online shipping data banks, the 159,100-dwt Cap Pierre (built 2004) switched to the fleet of Greece’s Metrostar Management on 28 April and is now trading as Huelva Star.

According to brokers in Athens and London, the vessel changed hands earlier this year in a $21.5m