Stena Bulk is in the process of selling a suezmax tanker built after 2000 for demolition.

Managing director Erik Hanell confirms the Samsung built 151,000-dwt Stena Spirit (built 2001), which is owned on a 50/50 basis with Teekay Shuttle Tankers, has been sold for green recycling.

The ship is thought to have fetched $10.5m