London: Two very large oil/ore (O/O) carriers have been sold en bloc to Greek “clients of Olympic Shipping” for conversion to VLCCs.
The Korean-built vessels Selma B (319,869 dwt, built 2010) and Camilla T (319,869 dwt, built 2011) were sold for $80m each by US investment fund Oaktree Capital, according to a report from Lion Shipbrokers.
Both vessels were acquired by Oaktree in a bank sale from Today Makes Tomorrow (TMT) in July 2014.
In January, Oman Dry Dock Company completed the conversion of another Olympic-owned O/O carrier, the Olympic Luck (now 319,900 dwt, built 2010), to a VLCC.
It is thought that the Middle Eastern shipyard might also undertake the conversion of the Selma B and Camilla T.