Bullish sentiment in the secondhand market for tankers is spreading from smaller MRs and aframaxes to the biggest class of ships.

VLCCs are rumoured to be changing hands at an increasing frequency. In the latest string of deals reported by Greek and US brokers, major Greek owner Maran Tankers is said to be fetching a remarkable $37m for the 320,500-dwt Maran Andromeda (built 2005).

According to Xclusiv Shipbrokers, the market talk is that the vessel’s buyers are based in Singapore.