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Lila Global Poised for 68% Paper Gain on VLCC Sale Amid Sky-High Tanker Rates
Lila Global is closing in on a roughly 68% paper gain from the sale of the scrubber-fitted VLCC Lila Kochi, acquired for $47m in May 2025 and now reported sold for around $79m. The deal follows a similar 55% asset value uplift on the Lila Jamnagar, highlighting the extraordinary returns in the VLCC market amid sky-high crude tanker rates in the Arabian Gulf.
Jun 22, 2026 1 source