Aegean cashes in modern aframax for $83m

George Melissanidis-led Aegean Shipping Management has agreed to sell its 2022-built aframax/LR2 tanker for around $83m, continuing to cash in on historically strong values for modern tanker tonnage. Greek S&P sources reported the sale of the Green Adventure as one of the latest transactions completed by the Piraeus-based owner. The buyer has not been disclosed. … Read full article →