Dynacom Tankers snaps up VLCC from K Line

Greek owner Dynacom Tankers has acquired 2004-built VLCC  Fujikawa from Japanese owner K Line.

According to a report by Clarkson, the Japanese-built tanker attracted a healthy level of interest with around eight parties inspecting and four parties submitting offers for the vessel. It was eventually sold for $27.2m to Greek buyer, with VesselsValue identifying Dynacom Tankers as the buyer.

Only last month, K Line sold sister vessel, VLCC Isuzugawa, also built in 2014, to Greek owner Eastern Mediterrane for $25.5m.

“It is noticeable that secondhand values have reacted quickly to improved VLCC freight markets in the last month,” the Clarkson report noted.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
Back to top button