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Neda Maritime sells 15-year-old VLCC to Minerva Marine

Neda Maritime sells 15-year-old VLCC to Minerva Marine

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Greek owner Neda Maritime has sold 309,300dwt VLCC Amantea to compatriot owner Minerva Marine, having put the vessel up for sale in March.

According to broking sources the 15-year-old vessel, built at South Korea’s Samsung Heavy Industries, was sold for $24m.

Last month, Neda placed an order at Hyundai Heavy Industries for one VLCC with one option at a price of close to $80m per vessel.

Minerva Marine currently operates a fleet of 63 vessels, made up of 58 tankers and 5 bulk carriers, and has a further five newbuildings under construction.

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Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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