Norway’s Knutsen OAS Shipping has exited what it views as the non-core product tanker sector in a sales agreement with Canada’s Algoma Central Corp.
Brokers reported the company’s last two clean carriers, the 16,600-dwt Liv Knutsen and Eli Knutsen (both built 2009), offloaded for towards $27m en bloc.
The ships are valued at that level by VesselsValue, up from $18m two years ago.
