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20-year-old VLCC fetches $60.5m
April 20, 2026
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Posted 2 days ago by
A 20-year-old VLCC has changed hands for just over 60m, underlining the continued strength in vintage tanker values. The Japanese-controlled, India-flagged Kasagisan (302,478 dwt, built 2006 at Mitsui) has reportedly been sold for 60.5m; no taker has been identified, but brokers point outside Korea. The deal could signal a market shift, breaking Sinokor Merchant Marine’s recent
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