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Ship Finance International sells VLCC to Kunlun Shipping
John Fredriksen’s Ship Finance International Limited (SFL), which boasts a $4.3bn portfolio of maritime and offshore assets, has agreed to sell a VLCC tanker to Chinese firm Kunlun Shipping. The 1998-built Front Century has fetched a selling price of $18.7m from Kunlun Shipping, a subsidiary of Shanghai-based Kunlun Holdings. It is the second large tanker sold by SFL this year, following May’s sale of Front Vanguard for around $24m. http://splash247.com/ship-finance-international-sells-vlcc-kunlun-shipping/
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