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Euronav concludes sale of VLCC 'Savoie'
9 May 2007
Close to home (in fact they're just down the road) Euronav NV announced the sale of their double-hull VLCC Savoie (1993?EUR"306,430 dwt), the oldest Very Large Crude Carrier in the Euronav fleet, for USD 82.2 million (gaining a whopping profit of USD 44.4 million). Reportedly she has been sold to a Danish company. This sale is part of the ongoing fleet renewal program of Euronav and the strategy to maintain a young fleet.
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Comments
re: Euronav concludes sale of VLCC 'Savoie'
By john cho 28/03/08 (2 years ago)
Dear IMC
We are bsed in Auckland New Zealand and main business lines are commodity broking and consultancy for oil refinery, we have been done refinery contract successfully recently with South Americna /turkish seller through Swiss UBS.
We have an firn inquiry for VLCC, please read below buyer's message and the buyer have 20 carriers already.
Actually we are interested for VLCC between 250,000 DWT and 270,000
DWT below 10 years old which is more suitable for the oil blending
purposes(because we already have one 250,000 DWT vessel ready), but we
will consider your offer if the price can be nego below usd 140 mil
due to the offer i get from the US owner hope you can understand that
.If you have any VLCC 250k - 270k DWT, please do send me the spec and
indicative price . I will discuss with my boss whether vessel build in
year 1993 can be consider or not and will get back to you ASAP.
ALSO WE HAVE ANOTHE RINQUIRY FOR VLCC WITH ANY SIZE AND PRICE. NEW OR NEAR NEW OR OLD,,..
Please inform us your position with aboves.
Best regards
John cho/managing director
Delta Inc,
sky pe id: deltajohncho
ph: + 64 21 985 675
re: Euronav concludes sale of VLCC 'Savoie'
By Jerry A Guisinger - China Resources, Inc. 01/10/08 (1 year ago)
Looking for used VLCC 300,000+ DWT, double/double, 5-10 y.o. Client has 30% cash down, and funding arranged. As Buying Agent I need 1/2% fee on price and can deliver confirmed documents for buyer identity and interest.