Phoenix Tankers has put a 12-year-old VLCC up for sale as rising asset prices promise a better deal.
A tanker source said the 302,000-dwt VLCC Phoenix Vanguard (built 2007) is on the market after a previous sale attempt failed.
In late June, an offer from Ghassan Ghandour’s Hermes Marine Management of $38.7m was accepted for the DSME-built crude carrier.
However, the sale fell through because the buyer handed over only a 10% down payment of $3.87m.
