Capital Ship Management has secured the prompt release of a VLCC arrested in Singapore by Al-Iraqia Shipping Service & Oil Trading (AISSOT).
The Evangelos Marinakis-backed owner said the 320,800-dwt Andronikos (built 2019) was freed after the owners’ protection and indemnity club posted security.
The VLCC and five other vessels were redelivered after AISSOT gave notice of termination of their bareboat charters in late last month.
