Euronav has sold one of its double-hulled VLCCs to China-based Grand China Logistics for $54.75m. The 305,839dwt Pacific Lagoon will be delivered to the new owner in the first quarter of 2011. The capital gain on the transaction is about $22.1m. The sale is part
Euronav has sold one of its double-hulled VLCCs to China-based Grand China Logistics for $54.75m.
The 305,839dwt Pacific Lagoon will be delivered to the new owner in the first quarter of 2011.
The capital gain on the transaction is about $22.1m.
The sale is part of Euronav’s ongoing fleet renewal programme.
