Neda Maritime sells 15-year-old VLCC to Minerva Marine

Greek owner Neda Maritime has sold 309,300dwt VLCC Amantea to compatriot owner Minerva Marine, having put the vessel up for sale in March.

According to broking sources the 15-year-old vessel, built at South Korea’s Samsung Heavy Industries, was sold for $24m.

Last month, Neda placed an order at Hyundai Heavy Industries for one VLCC with one option at a price of close to $80m per vessel.

Minerva Marine currently operates a fleet of 63 vessels, made up of 58 tankers and 5 bulk carriers, and has a further five newbuildings under construction.

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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