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Euronav buys sister ULCC from International Seaways

Company now owns the world’s only two ULCCs after paying $32.5m for the 2003-built Seaways Laura Lynn. The US-listed owner says that having the two giants — two of only four ULCCs ever built in the double hull era — represents a strategic opportunity

Euroseas’ new purchase is the world’s second-largest trading tanker, behind Euronav’s 442,470 dwt  TI Europe

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