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24 August 2026

23-year-old VLCC fetches $57m

Downunder Voices Newsroom

Source reporting: Splash247

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23-year-old VLCC fetches $57m

The reported $57m sale of the 23-year-old VLCC Hellstugutinden provides the latest evidence of just how hot the market for vintage tanker tonnage has become. The 2003-built, 300,000 dwt vessel is understood to have changed hands over the weekend for $57m, an extraordinary valuation for a ship of its age. The deal lands in a …

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