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Gulf Navigation has struck an agreement to sell its two oil tankers for $98 million (Dh360m), providing some relief to the beleaguered company. The Dubai-based shipping company announced today that it...
Sold en block with Gulf Sheba to Norwegian buyers for $90 mill
Troubled Dubai-based Gulf Navigation announced on Oct 5 13 that its second VLCC, the Gulf Eyadah, was arrested in the Bahamas, under orders from DNB and DVB, the two lenders to the ship’s owner, repor...