Lila Global sold a VLCC tanker for $117 million on April 20, 2023, representing a significant increase of $56.5 million compared to its previous purchase price. This tanker, previously known as Kasagisan, was transferred to Lila Global in March 2023 and was subsequently renamed Lila Vadinar.
Previous Sales and Recent Developments
This is the second time Lila Global has sold a VLCC tanker in recent months. In June 2023, the company sold the Lila Kochi tanker, built in 2008, for $79 million, after owning it for about a year. This tanker was purchased in May 2025 for $46.75 million. After the sale, the ship was renamed Estonia Prosperity and is listed with Sinokor.
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Increased Tanker Operations by Lila Global
The tanker sector has increasingly gained importance in Lila Global's operations this year. The company has added six new tankers to its fleet in 2026, with its latest purchase being the suezmax tanker Cape Benat, formerly known as Front Loki, for $62.5 million. After the purchase, it was renamed Renat, and according to VesselsValue sales registration, its market value is estimated at $74.4 million.
Given these developments, it seems that Lila Global is becoming one of the key players in the tanker market, and these successes could help increase its market share and strengthen the company's position in the maritime industry.
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