Belgium tanker operator Euronav has sold its 2005-built VLCC TI Hellas to Greek owner Altomare as it continues to optimize its fleet.

According to shipbroking sources, the Hyundai Samho-built vessel has fetched a price of $38.3m, significantly higher than VesselsValue’s valuation of $34.68m.

The vessel is the third tanker sold by Euronav this year following the sale of the 2001-built Suezmax tanker Cap Diamant in April and 2003-built Suezmax Finesse in February.