Lila Global exits VLCC segment in style

On April 20, Splash reported that a 20-year-old VLCC had fetched $60.5m in a sale by Mitsui OSK Lines to Lila Global. The vessel, then known as Kasagisan, was renamed Lila Vadinar in March after Lila Global acquired it. In July, it was renamed Vadin.  Now the vessel is reported sold again for $117m — … Read full article →