First modern VLCC sale of the year highlights how tanker prices are easing
This year’s first modern VLCC sale is in the pipeline. Brokers report that the eight-year-old, 300,000 dwt Leicester was sold for $87m to undisclosed interests. Broking sources tell Splash that an Oslo-based private equity fund, Transportation Recovery Fund (TRF), is selling the Shanghai Waigaoqiao Shipbuilding-built tanker. The last comparable deal is from August last year …
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