Sales speculation was this week swirling around the oldest VLCC in the fleet of BW Group.

Chatter in the market centres on the 299,300-dwt BW Ulan (built 2000) and a potential disposal to Winson Shipping.

The Taiwanese owner has been monitoring the VLCC market for the past few months, seeking tonnage for offshore conversion, and has been linked to other deals that have not been finalised.

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