A 13-year-old aframax at the centre of a legal battle involving Greece’s Vafias group, Turkey’s Karamehmet family and commodity giant Glencore has been sold for demolition in South America at a deep discount to current market levels.
Shipowning sources and brokers in Athens said the 104,500-dwt CV Stealth (built 2005) was sold “as is” in Trinidad for $193 per ldt.
