Monarch abdicates from shipowning with sale of famous VLCC

Capt. John

Sales talk surrounding US investment fund Monarch Alternative Capital only ship, the 10-year-old, 320,000 dwt , is creating plenty of chatter among brokers. The ship, formerly called A Whale, has been reported sold for $50m with South Korea’s Polaris Shipping believed to be the buyer. The vessel...

https://splash247.com/monarch-abdicates-from-shipowning-with-sale-of-famous-vlcc/

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