NYK sells 15-year-old VLCC

Nippon Yusen Kaisha (NYK) has sold a 15-year-old Japanese built VLCC to Thailand’s Nathalin Group. No price has been revealed for the 300,838 dwt Tsurusaki.

NYK has been gradually offloading older tanker tonnage of late. For Nathalin, the 2002-built ship is actually its youngest VLCC in its fleet. Nathalin, one of Thailand’s largest independent tanker owners, has a diverse fleet including six VLCCs, all much older than the Tsurusaki.

Founded in 1987, Nathalin’s fleet today now comprises 23 ships.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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