Avance Gas has sold the oldest VLGC in its fleet at a price that analysts have described as "very firm" after failing to sell it last year.
The 82,500-cbm Avance (built 2003) has been sold to an unnamed third party for $35m, the Oslo-listed shipowner said on Tuesday.
Brokers told TradeWinds last year that Avance had been seeking around $40m when it put the Kawasaki-built unit on the market in September 2019, before withdrawing it two months later.
