VLCC sales tick over

The wet secondhand market has picked up pace this week with a string of VLCC deals. Malaysia’s MISC, via its tanker arm AET, has offloaded two Universal-built tankers – the 2007-built Bunga Kasturi Lima (300,246 dwt) and the 2008-built Bunga Kasturi Enam (299,319 dwt) – to Chinese interests for approximately $88m en bloc. One unit …

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