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John Fredriksen’s Frontline has agreed to sell two 2017-built VLCCs for $270m, cashing in on firm tanker values at $135m per ship. The New York- and Oslo-listed owner said it expects the vessels to change hands during the third quarter. The ships and buyer were not identified. After repaying debt attached to the pair, Frontline …
Frontline strikes $270m deal for VLCC pair
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