A Norwegian investor controlled by Blackstone is looking to reduce its exposure in the tanker market with the sale of three elderly aframaxes, TradeWinds is told.

Oslo-based Global Skipsholding II is marketing for sale the 99,405-dwt Eagle Baltimore and 99,448-dwt Eagle Beaumont (both built 1996), as well as the 99,343-dwt Eagle Birmingham (built 1997). The fund is controlled by Norway's Obligo, a subsidiary of the US financial firm.