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.