Greece’s Angelicoussis Group linked to new sale coup for ageing VLCC

The widely reported sale of an 18-year-old VLCC of the Angelicoussis Shipping Group (ASG) confirms a trend of rising values on the back of increased demand for big, old tankers.

Depending on the broker reporting, the major Greek owner obtained between $48m and $50m for the scrubber-fitted 320,500-dwt Maran Canopus (built 2007).

Angelicoussis Group sells oldest VLCC for ‘impressive’ price

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This is the oldest among the 63 active ships in the combined fleet of ASG tanker units Maran Tankers Management and Maran Shuttle Tankers.