Ovkianvance Port snaps up vintage non-sanctioned VLCC

Tanker sale and purchase activity has been muted so far this month, with brokers waiting to see whether owners of older tonnage will start lowering their price ideas as Russian oil transport volumes continue to slide. One deal to surface is the sale of the 299,000 dwt VLCC Eclat, now renamed Takai. The 2004-built Universal … Read full article →