Belgium’s Euronav has banked a slice of profit from selling an elderly suezmax owned with Ridgebury Tankers and Tufton Oceanic Assets.
The New York and Brussels-listed owner said the 159,000-dwt Bari (built 2005) has gone for $21.5m.
A capital gain of $6.5m will be recorded in the second quarter by the joint venture that controls the tanker.
The three partners bought the vessel in 2019 for $20.3m
