Chinese owner Guangdong Navigation Group (GNG) has listed its 1998-built chemical tanker Yue You 902 for sale on the Guangzhou Shipping Exchange.
GNG has received an approval from the ship’s mortgagee Waibert Steamship for the potential sale.
The price listed by the company for the South Korean-built 11,122 dwt tanker is $3.96m. VesselsValue’s valuation of the vessel is $2.83m.
GNG currently owns a fleet of nine vessels, made up of four bulkers and five tankers.