{"id":34374,"date":"2023-07-31T21:57:27","date_gmt":"2023-07-31T18:57:27","guid":{"rendered":"https:\/\/www.al-sindbad.net\/sinokor-picks-up-asyad-vlcc-trio\/34374\/"},"modified":"2023-07-31T21:57:27","modified_gmt":"2023-07-31T18:57:27","slug":"sinokor-picks-up-asyad-vlcc-trio","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/sinokor-picks-up-asyad-vlcc-trio\/34374\/","title":{"rendered":"Sinokor picks up Asyad VLCC trio"},"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>Sinokor Merchant Marine has been named as the buyer of three VLCCs that Oman\u2019s Asyad Shipping floated for sale earlier this year.<\/p>\n<p>Brokers reported the South Korean owner taking the 2010-built <em>Saham<\/em> and 2011-built <em>Sifa<\/em> and <em>Fida<\/em> in a deal worth a total of around $191m.<\/p>\n<p>Online pricing platform VesselsValue ranks the scrubber-fitted trio as worth around $196.7m.<\/p>\n<div class=\"mailmunch-forms-in-post-middle\" style=\"display: none !important;\"><\/div>\n<p>Sinokor is currently listed on VesselsValue with 11 VLCCs built between 2007 and 2019, while the subsidiary of the state-owned Asyad Group says on its website it controls 17 of such supertankers, with the youngest unit built in 2020.<\/p>\n<p>The prices of ageing VLLC tannage have seen a downward trend compared to deals struck earlier this year. End-June, Saudi Arabia\u2019s top shipping line, Bahri, offloaded its 2003-built <em>Lulu<\/em> for $42.5m, while South Korea\u2019s SK Shipping sold the same-aged <em>C.Champion<\/em> in July for $37.8m. In March, Japan\u2019s Mitsui OSK Lines offloaded a two-year younger <em>Yufusan<\/em> to Chinese owner Polar Star Management for $52m.\u00a0<\/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 class=\"stream-item-size\" style=\"\">\n\t    <!-- \/91333190\/SPLASH247_*_Splash247_Article_*_Strip_Slot_*_2 --><\/p>\n<div id=\"div-gpt-ad-1_95_0_1_2\">\n<script>\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); });\n<\/script>\n<\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"post-bottom-meta post-bottom-tags post-tags-modern\">\n<div class=\"post-bottom-meta-title\"><span class=\"tie-icon-tags\" aria-hidden=\"true\"><\/span> Tags<\/div>\n<p><span class=\"tagcloud\"><a href=\"https:\/\/splash247.com\/tag\/south-korea\/\" rel=\"tag\">South Korea<\/a><\/span><\/div>\n<\/p><\/div>\n<p>splash247<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sinokor Merchant Marine has been named as the buyer of three VLCCs that Oman\u2019s Asyad Shipping floated for sale earlier this year. Brokers reported the South Korean owner taking the 2010-built Saham and 2011-built Sifa and Fida in a deal worth a total of around $191m. Online pricing platform VesselsValue ranks the scrubber-fitted trio as &hellip;<\/p>\n","protected":false},"author":1,"featured_media":34375,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[58],"tags":[],"class_list":["post-34374","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\/34374","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=34374"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/34374\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/34375"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=34374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=34374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=34374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}