Euronav offloads elderly VLCC to New Shipping

Euronav offloads elderly VLCC to New Shipping

Euronav has offloaded an elderly VLCC to Greek owner New Shipping. The 15-year-old TI Topaz fetched $21m.

The elderly Belgium registered ship has been a workhorse for Euronav since 2005, and is now listed trading in the spot market.

This is the third VLCC the Adam Polemis fronted company has picked in the last six months.

Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.

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