An aframax tanker missed out on a one-year charter to Mercuria after running late and will undertake a voyage for the commodity trader instead.

The 109,000-dwt tanker Sea Bay (built 2009) had previously been reported fixed for a year at a profitable $42,500 per day from US tanker operator Mjolner Shipping.

But this deal failed when the tanker could not be delivered to the charterer on time.