VLCCs change hands at a rapid clip
With VLCC earnings in solid territory, it’s no surprise that fresh sales emerge weekly in broking reports across the globe. The latest deals involve two rusty vessels. First, a 2005-built 300,000 dwt VLCC named Sake, a ship noted sold for $40m by Dynacom Tankers. The Greek mammoth has hit the sweet spot for this ship, …
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