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Thursday, April 12, 2018

GREEK owners lead trend in scrapping of crude tankers

Two GREEK shipping companies have scrapped 22-year-old tankers this week, feeding a steady flow of wet tonnage for demolition. George Procopiou-led Dynacom Tankers Management is sending the 148,000-dwt Shanghai (built 1996) for scrap, sources said, suggesting a price of about $10m.


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