Monaco’s Sea World Management has sold a 19-year-old, 40,000 dwt, Hyundai Mipo-built tanker to Vietnam’s Hung Phat, a Ho Chi Minh City-based tanker firm, according to

No price has been published to the sale of the SW Monaco 1, which has been renamed Blue Sun. According to the maritime news website on March 8, the tanker is heading towards Primorsk, Russia’s second-largest port on the Baltic.

Hung Phat has three other tankers, all built between 2007 and 2009. Earlier this year one of them, Elephant, was detained for technical and document issues in Spain inked to ship-to-ship transfers. The ship was later released.