As TradeWinds reports today Georgiopoulos is paying $105m for each of the tankers in a deal which has bought the seller a $50m profit.

Richard Rivlin, the chief executive of VesselsValue.com, tells TradeWinds the last time a VLCC was sold for over $100m was in April 2011.

At that time Maersk Tankers paid Great Eastern of India $105m each for three VLCCs which were under construction at Hyundai Heavy Industries.

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