Bob Burke’s Ridgebury Tankers is set to pocket a tidy profit from the sale of a VLCC bought only 18 months ago
Ridgebury surprised the market with an eye-catching swoop for three tankers from DHT Holdings and one from Euronav in late 2017.
The company has now sold one of the quartet – the Ridgebury Eagle (built 2002) – at a time VLCC prices have been rising.