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Thu, May

VLCC sales keep rolling as Chinese buyer snaps up MOL veteran

VLCC sales keep rolling as Chinese buyer snaps up MOL veteran

TradeWinds
VLCC sales keep rolling as Chinese buyer snaps up MOL veteran

Japan’s Mitsui OSK Lines has cashed in one of its older VLCCs as big tanker sales keep coming.

European brokers report the 314,000-dwt M Star (built 2008) offloaded to unnamed Chinese interests.

One source said the scrubber-fitted, Kawasaki Shipbuilding-built ship went for $48m, with another saying the tanker was on subjects at $46.75m.

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