John Fredriksen-led Ship Finance International has confirmed that it offloaded its oldest tanker — but the buyer remains unknown.
As TradeWinds previously reported, the Norwegian shipowner announced the $20.7m sale of the 300,000-dwt Front Ariake (built 2001) to an unnamed, but unrelated, company midday Tuesday.
The deal includes a $3.4 million interest-bearing loan note from sister company Frontline. The book value of the 17-year-old Front Ariake is $27.6m,
