Euronav has boosted its bottom line by offloading its two oldest suezmax tankers.
The Brussels and New York-listed owner said the 159,000-dwt Cap Pierre (built 2004) and Cap Leon (built 2003) have been moved on for a combined capital gain of $12.4m.
Both tankers were debt-free.
The buyer was not named, but Euronav said: “Our understanding is that at least one of the vessels will exit the global fleet to be deployed on storage contracts.”
