Norway’s ADS Crude Carriers has reduced its fleet to two following the sale of scrubber-fitted 2002-built VLCC ADS Stratus.

ADS fetched a price of $25.5m for the vessel, significantly higher than the $24.51m value placed on it by VesselsValue. According to a post on social media by parent company Shiphold, the sale was at a $3m premium to the price paid for the vessel in 2018.

Delivery to the new owners, who were not named, is scheduled for around September 17.