Saudi Arabian delivery vast Bahri has bought 4 trendy VLCCs from Korea Sequence Company, consistent with agents. Disagree worth is hooked up to the do business in, however one Greek dealer steered that the four-year-old ships can have fetched about $116m each and every.
The sale has been broadly anticipated as Korea Sequence, a part of SM Team, has been reported to be prepared to advance the VLCC section. The Korean-built ships – SM White Whale 1, SM White Whale 2, SM Venus 1, and SM Venus 2 – had been within the store window for months.
Gross sales of contemporary tanker tonnage are uncommon as costs are at traditionally top ranges.
