If whoever 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 — the 298,600-dwt tanker is the first VLCC sold for recycling since August 2022.
The Cameroon-flagged vessel was reportedly sold for about $440 per ldt, which nets the shipowner in the region of $17.9m
