Tanker Pacific has sold a VLCC for scrap, marking the third VLCC to be sent for demolition in just two weeks.
Tanker Pac is said to have disposed of the 298,000DWT Western Jewel (built 1994).
Cash buyer GMS estimates the price to be around $438 per LDT or $20.20m in total.
Recently Dynacom and Nathalin VLCCs were sold for scrap to Pakistan.
Published : November 7, 2012
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