Port News

Sovcomflot sells aframax tanker

Russian state-run shipping major Sovcomflot has sold its 2002-built aframax tanker to UAE-based Khor Al Zubair Shipping. Both Clarksons and VesselsValue confirmed that the Japanese-built 106,000 dwt vessel was sold to the UAE tanker owner for a price of $10.2m, slightly lower than VesselsValue‘s valuation of $10.89m. It is the fourth tanker Sovcomflot has sold …

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