U-Ming Marine Transport has found a buyer for a VLCC it put up for sale in May.
The Taipei-headquartered shipowner has sold the 318,800-dwt Starlight Venture (built 2004) to Nigerian interests for $30m, brokers reported.
The quoted price quoted shows that U-Ming has benefited from strengthening vessel prices in the large tanker segments despite ongoing lacklustre crude tanker rates.
When U-Ming put the Hyundai Heavy Industries-built ship on the market, VesselsValue estimated it was worth $28.5m,
