Hunter Group offloads VLCC

Norwegian VLCC pureplay owner Hunter Group has signed an agreement to sell its 2019-built VLCC Hunter Atla to an undisclosed Eurasian buyer for $84.5m.

The sale price is substantially higher than VesselsValue’s valuation of $81.3m.

Hunter Group bought back the vessel from Ship Finance International in June last year, exercising an option on a sale and leaseback deal.

The scrubber-fitted vessel is expected to be delivered to its new owner during March, reducing Hunter Group’s owned fleet to four VLCCs.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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