China’s EGPN has turned a profit on the sale of a VLCC that it bought just six months ago.
Zhang Yun, director of EGPN, confirmed to TradeWinds that his company has sold the 305,700-dwt Eastern Juniper (Ex-KHK Vision, built 2007).
“The Eastern Juniper was trading Middle East Gulf to Indian routes before we decided to sell [the tanker] for profit-taking,” said Zhang.
