Antwerp, Belgium, headquartered Euronav NV (NYSE: EURN) records that it has actually offered the 2005-built VLCC TI Hellas for $38.1 million. A funding gain on the sale of roughly $1.6 million will certainly be videotaped in the existing quarter.
The vessel will certainly be supplied to her brand-new proprietors at the end of May after conclusion of the existing trip.
Euronav claims it takes into consideration normal fleet restoration as a vital feature of vessel administration as well as supplying top quality solutions to customers. Since the start of this year, the firm has actually offered one VLCC as well as 2 Suezmax vessel (around 15 years old), yet has actually gotten 4 newbuild Eco- kind VLCC resales due for distribution later on in 2020 as well as very early 2021.
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