Marmaras Navigation Buys Two Newbuilding Resales

Marmaras Navigation; Illustration Singapore-based shipping company GC Tankers has sold two very large crude carriers (VLCC), which are being built by Chinas shipbuilder Jinhai Heavy Industry, to Greek shipowner Marmaras Navigation, VesselsValues data shows.  The price of the two 320,000 dwt newbuildings was not disclosed. The market value of each of the two vessels stands at USD 61.64 million, according to VesselsValue. The two 160,000 gross ton VLCC will feature a length of 333 meters and a width of 60 meters each. The construction of the newbuilds, Hull 2082 and Hull 2083, will be completed in July and August 2018, respectively. GC Tankers has another 320,000 VLCC on order at Jinhai shipyard and its construction will be done in March 2017, according to VesselsValue. World Maritime News Staff