Secondhand deals are still being sealed for older VLCCs, but owners have had to adjust to a new lower pricing reality, broker reports suggest.
Two 2004-built tankers have changed hands for considerably less than what would have been achievable a year ago, as increasing sanctions and price cap pressure limit demand for veteran vessels among buyers.
The 299,900-dwt, scrubber-fitted Achelous is said to have gone for $30m to unknown interests.
