Ghandour to wave goodbye to VLCC Chloe V as auction set for 30 December

Singapore's High Court has revealed the highly anticipated auction date of the arrested Hermes Marine Management VLCC Chloe V.

But as shipowner Ghassan Ghandour waves goodbye to his last tanker, another of his shipping ventures has taken delivery of a recently purchased panamax carrier.

Would-be buyers of the Chloe V will have to submit sealed bids for the 320,000-dwt crude carrier Chloe V (built 2011) to the Sheriff of Singapore's office by Thursday 30 December.