Tanker players are closely watching the efforts of Embiricos company Aeolos Management to sell a 20-year-old VLCC.

The sale effort comes amid a bullish secondhand tanker market, despite a weak spot freight market in the sector.

The 305,000-dwt tanker Kos (built 2001), built by Daewoo Shipbuilding & Marine Engineering, is currently open for inspection by potential buyers in Singapore.