If whomever is behind the Marshall Islands-registered Amor Fleets expected the sale of its 2000-built VLCC Amor for recycling would pass unnoticed, they were mistaken.
Cash buyers and brokers were quick to highlight in their latest market reports the significance of the demolition sale of the 299,000-dwt tanker - the Amor is the first VLCC sold for recycling since August 2022.
