In a statement New York-listed Navios Acquisition said the 306,500-dwt Shinyo Spendor (built 1993) commanded $19.2m, which is slightly below what market sources said the unit fetched when TradeWinds shed light on the deal last month.
Today, a leading Wall Street equity analyst told investors that the sale of the Athens-based tanker owner’s eldest VLCC has laid the groundwork for fleet renewal.
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