Home Asia Thailand’s Nathalin Group snaps up vintage VLCCs – Splash247

Thailand’s Nathalin Group snaps up vintage VLCCs – Splash247

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Thailand’s Nathalin Group snaps up vintage VLCCs – Splash247

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Thai oil player Nathalin Group is listed by brokers as the taker of the oldest VLCC belonging to the Onassis’s Olympic Shipping and Management. The 2003-built Olympic Legend went for a very firm $31m.

This is the second time the Thai player is linked to ships in the VLCC segment this summer. Last month it was reported tapping Switzerland’s Mercuria for a 21-year-old FSO unit named Phoenix M. This ship was reported sold for $27m.

Nathalin Group controls its ships through its shipping arm, Prima Marine. Online pricing portal VesselsValue data list 26 ships in Prima Marina´s fleet.

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