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Charter Termination
Ship Finance International (SFI) has sold its VLCC Front Vanguard (300,100 dwt, built 1998) to an unnamed counterparty for a net price of $24m. The Japan-built vessel’s current long-term charter to Frontline will be terminated. An agreement, for which Frontline will receive a compensation payment of $0.4m.
Sold
Sold to undisclosed buyers for $24.3 mill
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