Eurotankers linked with MOL VLCC buy

Eurotankers linked with MOL VLCC buy

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.

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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