The first modern LR2 transaction of the year has been sealed.
Brokers note that Greek owner Enesel has sold a pair of scrubber-fitted, Shanghai Waigaoqiao-built vessels, named Kavafis and Elytis. The vessels, built in 2023 and 2024, fetched $142m en bloc, sold to unspecified compatriot owners according to Clarksons, price levels that are comparable to those recorded in late 2022.
Enesel has sealed a savvy transaction. The tankers were ordered for $49m each in 2021. This is the first deal by Andonis and Filippos Lemos in a couple of years. In June 2023, the outfit sold a 2018-built VLCC for $94.5m to DHT. This ship, the Hyundai Heavy-built Maria P Lemos, was ordered for $83m with three other sisters in 2017.
According to VesselsValue data, the deal leaves the outfit with a tanker arm counting 15 young tankers with a fleet average of just four years.
Energy News Beat