Norway’s Hunter Group is running the rule over three potential investment projects after selling its last VLCCs.

But the Oslo-listed company will not be lured into deals on a hunch.

Its last ship, the 300,000-dwt Hunter Freya (built 2020), was delivered to new owner Ray Car Carriers-linked DAO Shipping in Singapore on Wednesday after completing its final voyage.

The tanker had been due to be delivered at the end of August, but because of “some unexpected headwinds outside of Hunter’s control”, the buyer offered one more trip.