Kriton Lendoudis-led Evalend Shipping insists it has not decided to offload one of its older VLCCs involved in storage off Iraq, despite brokers indicating the tanker is a possible sales candidate.

Local brokers put feelers out into the market last week by indicating that the 300,000-dwt Najaf (built 2000) could be “developed for sale".

The vessel has been used for storage and the ship-to-ship transfer of Iraqi government oil through a charter arrangement with the Al-Iraqia Shipping Services & Oil Trading (AISSOT).