Euronav Sells Its Oldest 2002-built Suezmax

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Euronav sold its oldest ship, the 2002-built suezmax Filikon for $16.3m, says a press release published on their website.

Capital gain on sale

A capital gain on the sale of approximately $9.3m will be recorded in the current quarter. Though the buyer of the ship was not revealed by Euronav, online pricing portal VesselsValue suggests Chinese buyers have taken the suezmax and have renamed it Katiuska.

Since the start of 2020 Euronav has sold its interests in eight vessels – four suezmaxes and four VLCCs – with an average build date of 2005.

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Source : Euronav