Greece's Alafouzos family has turned down a bid of $100m for the resale of a VLCC newbuilding as it predicts a recovery in rates that could even top last year's record highs.
Speaking on a conference call with analysts, Okeanis Eco Tankers chief executive Ioannis Alafouzos said he was "extremely bullish" about prospects in the crude tanker sector in the near future.
