{"id":29477,"date":"2022-03-10T15:04:00","date_gmt":"2022-03-10T12:04:00","guid":{"rendered":"https:\/\/www.al-sindbad.net\/moundreas-flips-last-vlcc\/29477\/"},"modified":"2022-03-10T15:04:00","modified_gmt":"2022-03-10T12:04:00","slug":"moundreas-flips-last-vlcc","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/moundreas-flips-last-vlcc\/29477\/","title":{"rendered":"Moundreas flips last VLCC"},"content":{"rendered":"<p><\/p>\n<div class=\"entry-content entry clearfix\">\n<div class=\"mailmunch-forms-before-post\" style=\"display: none !important;\"><\/div>\n<p>Greek owner Nicholas George Moundreas and his NGM Energy is reported flipping his last VLCC.<\/p>\n<p>NGM Energy is reported selling the 2007-built 314,000 dwt <em>My Way<\/em> to UAE-based buyers. Brokers report the ship fetched between $36 and $37m. The crude tanker was bought as <em>Takahashi<\/em> from Nippon Yusen Kaisha (NYK) in August last year for $34m.<\/p>\n<div class=\"mailmunch-forms-in-post-middle\" style=\"display: none !important;\"><\/div>\n<p>This is the second VLCC play by Moundreas. In 2019 NGM Energy tapped India\u2019s Mercator for a 2006-built VLCC for $27.5m. In November last year this ship was sold to Rune Shipholding. No price tag was attached to this deal however, VesselsValue indicates that the ship, then named <em>Respect<\/em>, fetched $30m.<\/p>\n<div class=\"mailmunch-forms-after-post\" style=\"display: none !important;\"><\/div>\n<div class=\"stream-item stream-item-below-post-content\">\n<div id=\"div-gpt-ad-1_95_0_1_2\"> <script>googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); });<\/script> <\/div>\n<\/div>\n<div class=\"post-bottom-meta post-bottom-tags post-tags-modern\">\n<div class=\"post-bottom-meta-title\">\n<span class=\"tie-icon-tags\" aria-hidden=\"true\"><\/span> Tags<\/div>\n<p><span class=\"tagcloud\"><a href=\"https:\/\/splash247.com\/tag\/greece\/\" rel=\"tag\">Greece<\/a><\/span>\n<\/div>\n<\/div>\n<p>splash247<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Greek owner Nicholas George Moundreas and his NGM Energy is reported flipping his last VLCC. NGM Energy is reported selling the 2007-built 314,000 dwt My Way to UAE-based buyers. Brokers report the ship fetched between $36 and $37m. The crude tanker was bought as Takahashi from Nippon Yusen Kaisha (NYK) in August last year for &hellip;<\/p>\n","protected":false},"author":1,"featured_media":19405,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[58],"tags":[],"class_list":["post-29477","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tanker-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/29477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=29477"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/29477\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/19405"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=29477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=29477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=29477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}