MOL has put a 12-year-old VLCC up for sale, with brokers linking the disposal to the recent consolidation moves among local oil companies.
The 302,000-dwt Phoenix Vanguard (built 2007), controlled by MOL’s Singapore-based Phoenix Tankers subsidiary, will be available for inspection in Fujairah in mid-June.
VesselsValue estimates the tanker is worth just under $39m.
