Integrated oil logistics provider Titan Petrochemicals Group Limited (“Titan”) (HKSE: 1192) announced today that 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 a consideration of US$41 million. The sales of the vessel represent an unaudited gain of approximately US$7.88 million for Titan.
Green Marine
about 19 years ago
Titan sells single-hulled VLCC Titan Taurus at US$41 million
Integrated oil logistics provider Titan Petrochemicals Group Limited (“Titan”) (HKSE: 1192) announced today that 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 a consideration of US$41 million. The sales of the v
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