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Fri, May

Advantage snaps up Trafigura resale as it stacks VLCCs

Advantage snaps up Trafigura resale as it stacks VLCCs

TradeWinds
Advantage snaps up Trafigura resale as it stacks VLCCs

Advantage Tankers is said to have added a VLCC newbuilding to its growing fleet, acquiring a resale vessel from commodities giant Trafigura.

The Swiss-based company, which recently struck a deal with South Korea’s Hanwha Ocean for two VLCCs newbuildings, has acquired a crude carrier being built in China.

Industry sources said Trafigura sold Advantage one of six conventionally fuelled ammonia-ready 319,000-dwt crude carriers it ordered at Jiangsu New Hantong Ship Heavy Industry.

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