Greece’s Capital Maritime and Trading has sold the youngest VLCC to be flagged under the Vietnamese flag.
At the end of last year, Evangelos Marinakis quietly sold a 14-year-old Universal-built mammoth named Alexander the Great, now named Felix, with VesselsValue tagging Phuong Dong Petrol Transport as the buyer.
Four VLCCs have been sold to Vietnam since 2020. Two 2005-built giants sold by two Greek owners, Eastmed and Thenamaris, went to Viet My Petrol Transportation, while a 2007-built tanker sold by Malaysian account AET went to Sao Viet Petrol Transportation, and the oldest 2003-built ship was sold by Pantheon Tankers to Nhat Viet Transportation.
Shipping database Equasis shows Phuong Dong Petrol Transport was active in 2023, adding a string of ships, including a 1994-built LPG carrier, one vintage 21,200 dwt chemical tanker, two 32,800 dwt handies built in 2001 and 2002, and the most modern ship of all, a 2010-built, 109,000 dwt LR2 tanker.
