Teekay LNG Partners has fetched a surprisingly low price for a 12-year-old MR tanker that was reported sold to a Greek buyer.

Brokers in Europe and the US said Teekay Corp spin-off's 40,000-dwt Alexander Spirit (built 2007) has gone to Ancora Investment Trust for just $11.5m.

VesselsValue says a vessel of the SLS Shipbuilding-constructed Alexander Spirit's characteristics is worth $12.6m,