Morten Arntzen chaired Tankers Tankers is being linked with its fourth tanker sale this year.

Brokers say the company has sold the 46,700-dwt Team Tarantella (built 2002).

A price in excess of $8m is being placed on the Brodotrogir-built vessel.

Team has yet to respond to requests for comment on the matter.

The shipowner has a fleet of 37 tankers on the water, worth over $430m, according to VesselsValue.

Team bought three modern vessels from Gotland Rederi of Sweden last year having struck an M&A deal with Laurin Shipping and Anglo-Atlantic Steamship in April 2018.

Team has divested three older ships in 2019, including some which have been chartered back to the company.