The vessel, which is currently in Malaysia and will be heading for New Zealand where it can be inspected, is due for special survey in March 2015. Online platform VesselsValue.com estimates its value at $11.6m.
TCC is primarily a bulker owner with 11 units and selling the KWK Esteem will reduce its tanker fleet to three, although, as TradeWinds has earlier reported, it is in the final stages of negotiations with Japan’s Namura Shipbuilding for two aframax tankers for delivery in 2016.
