Teekay Tankers has agreed to sell its three oldest suezmax tankers in separate deals with Greek shipowners — boosting the company's coffers by close to $60m.

In the most recent of the deals, the New York-listed tanker owner sold the 159,200-dwt Narmada Spirit (built 2003) to New Shipping, the company controlled by major Greek shipping player Adam Polemis. TradeWinds understands that ship fetched a price in the region of $19m.