Nordic American Tankers continues clearing out older tonnage as its fleet renewal continues and asset values continue climbing.

The Herbjorn Hansson-led, New York-listed suezmax specialist announced the sale of an unnamed 2003-built tanker to a “major international energy company” for $21m for delivery in the fourth quarter.

The only ships fitting that description in the company’s fleet are the 150,100-dwt Nordic Pollux, the 160,000-dwt Nordic Apollo and Nordic Cosmos (all built 2003).