Port News

15-year-old VLCC values jump 57% year-on-year as Sinokor linked to Teekay exit

Towards the end of last week, Teekay Tankers exited the VLCC sector, selling the 2013-built, 318,700 dwt Singapore Spirit — formerly Hong Kong Spirit — for $84.5m. Over the weekend, brokers linked the usual suspect these days, Sinokor, to the deal. The sale follows CMB.TECH’s disposal earlier this month of the 2012-built, 314,000 dwt Ingrid …

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