World-Wide sells VLCC to US company for $95m

PUBLISHED : Wednesday, 16 March, 1994, 12:00am
UPDATED : Wednesday, 16 March, 1994, 12:00am

WORLD-WIDE Shipping Agency is believed to have sold another very large crude carrier (VLCC), according to Wallem Shipbroking (Hong Kong).

The 268,050-deadweight-tonne (dwt) Eastern Promise is said to have been sold to OMI of the United States for US$12.2 million (about HK$95 million).

The ship was built by Hyundai of South Korea in 1978.

Another tanker, Almak (57,375 dwt), built by Cammell Laird in 1978, has been sold to Arminter for $7.75 million.

In the bulk carrier market, the Korean-controlled Panamax Global Peace (61,477 dwt), built by Hitachi in 1972, has been sold to Pakistan buyers for $2.7 million.

Laucinda (44,363 dwt), built by Sepanoles in 1982, is reported to have been sold to Greeks for $10.5 million.

Puma (27,354 dwt), built by Usaki in 1972, is believed to have achieved $2.3 million from Piraeus Greeks.

Sea Wagner (26,453 dwt), built by Koyo Mihara in 1972, is reported to have been sold for $2 million.

The small logger Bona Star (6,504 dwt), built by Higaki in 1976, has been sold to Chinese buyers for $1.4 million.