BW Group is set to sell the 299,000-dwt tanker BW Nysa (built 2000) to little-known Greek shipping player Smart Tankers Inc, adding to speculation that the Singapore-based company may be exiting the VLCC segment.

According to market sources, Piraeus-based Smart is purchasing the DMSE-built tanker for about $30m. However, TradeWinds understands that the deal has not yet been finalised. An official with Smart declines to comment.

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