(EnergyAsia, April 19) — Hong Kong-listed oil logistics provider Titan Petrochemicals Group Limited said it has agreed to sell Titan Taurus, a single-hulled 254,991 dwt Very Large Crude Carrier (VLCC) built in 1992, to Korea Line Corp for US$41 million. The sale of the vessel represents an unaudited gain of approximately US$7.88 million for Titan….
CHINA: Titan sells single-hulled VLCC Titan Taurus for US$41 million
Posted on April 19, 2007 by EnergyAsia