Aberdeen-based shuttle tanker and floating production, storage and offloading vessel owner Altera Infrastructure has sold one of its oldest tankers for demolition.

Scrap brokers say the 100,000-dwt Navion Oslo (built 2001) has gone for green recycling to Turkey, where it is set to fetch a substantially lower price than on the Indian sub-continent, which today is paying more than $500 per ldt for tankers.