TRF sells modern VLCC for $102m 

Transportation Recovery Fund has offloaded its five-year-old and only VLCC. Brokers are reporting the sale of the 2018-built scrubbed-fitted TRF Horten for $102m.  Market sources suggest the ships’ value at about $104m, but analysts at Pareto Securities note that a price difference could be due to the vessel having been built at Agila Subic Shipyard …

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