Brazil’s Petrobras has reportedly sold another tanker for scrap in its continued efforts to clear out old tonnage.

Brokers said the 153,000-dwt Ataulfo Alves (built 2000) was sold at $430 per ldt, or nearly $10m, on an "as-is" basis in Indonesia.

Controlled by Petrobras shipping arm Transpetro, the Hyundai Heavy Industries-built shuttle tanker has a demolition value of $9.95m,