Belgium tanker operator Euronav has sold its 1998-built suezmax tanker Cap Romuald as part of the company’s fleet rejuvenation program.
The 146,640dwt vessel has fetched a price of $10.6m, and is likely headed for scrapping.
In the meantime, Euronav is taking into operation four new suezmax vessels, of which three have already been delivered, with the remaining one due for delivery at the end of August.
The four vessels will all go under seven-year time charter contracts with a global refinery player.