Eurotankers has paid Mitsui OSK Lines (MOL) $28.3m for a 13-year-old VLCC, brokers report. The Greek outfit has taken the Japanese-built 303,900 dwt Kaminesan.
Eurotankers has been active in the S&P markets this year, having been linked to at least two aframax acqusitions.
MOL, meanwhile, is looking at ship sales as a way to bolster its financial figures, having recently announced a lower than originally predicted forecast for the current financial year.