New benchmark set with sale of Norwegian VLCC

The sale of a Norwegian-flagged VLCC has set a new benchmark as tanker values continue to climb. The Korean-built, eight-year-old 299,998 dwt has been sold to undisclosed interests for $98.5m. The ship was owned by Norwegian heavyweights, Awilco and TRF. According to Clarksons Research, the firm price shows that values for semi-modern tonnage are up …

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