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2011 November 23   10:45

Saga Tankers sells Saga Unity VLCC

Norwegian company Saga Tankers ASA said the sale of the 2000-built very-large crude carrier (VLCC) Saga Unity had been finalised and the ship had been delivered to its new owners, Nordic Business reports.
The cash-strapped shipping company will use the overall net proceeds of USD30.5m to reduce its debts.

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