Nordic American Tankers (NAT) has sold one of its suezmax tankers in line with its fleet overhaul plans announced in the summer.

The Herbjorn Hansson-led shipowner did not reveal the identity of the tanker involved, but said it expects the transaction to be “fixed and firm shortly”.

In late July the US-listed suezmax specialist told investors that it was “working to sell a few ships and to buy some ships”.