Euronav sells its oldest ship

Belgian tanker giant Euronav has sold its oldest ship, the 2002-built suezmax Filikon for $16.3m, the company revealed today.

A capital gain on the sale of approximately $9.3m will be recorded in the current quarter. Euronav did not reveal the buyer of the ship, but online pricing portal VesselsValue suggests Chinese buyers have taken the suezmax and have renamed it Katiuska.

Since the start of 2020 Euronav has sold its interests in eight vessels – four suezmaxes and four VLCCs – with an average build date of 2005.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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