South Korea’s Sinokor Merchant Marine has sold one of its aframax tankers for demolition, brokers say.

The 107,000-dwt tanker Silver Bridge (built 1999) for demolition to Bangladesh, according to reports in the market.

The ship has fetched $430 per ldt or $7.2m. The tanker was bought in July 2011 for $19.75m from Shoei Kisen of Japan.

Earlier this month Sinokor sold the 151,000-dwt bulker Silver Ocean (built 1994) for scrap in Pakistan at $442 per ldt.