Major shipowner Adnoc Logistics & Services is selling its only small gas carrier as it concentrates on bigger ships.
Market sources said the Dubai-based company has sold liquid ethylene gas carrier the 9,000-cbm Yas (built 2014) to South Korea’s Dong-A Tanker for $28.5m.
The price is about $3m above valuation estimates on data platforms such as VesselsValue.
