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Tsakos Energy Navigation has sold the oldest ship in its fleet, continuing to clear out ageing tonnage as a 26-vessel newbuilding programme feeds younger ships into the company. The New York-listed Greek owner said the 2003-built panamax/LR1 tanker Andes has been sold to independent third parties. The deal will generate around $13m of free cash …
Tsakos clears out oldest ship as fleet renewal rolls on
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