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Last week I saw the news item - sale of VLCC Front Century.

Reported earlier this week - it is official

https://finance.yahoo.com/news/sfl-sale-older-vlcc-131319623...

FRO paying SFL $4M as part of the compensation. This is higher than some of the prior payments for lease exit.
If the capital is going back to SFL, I wonder how they plan to replace the revenue lost? It is $20K daily, plus 50%
profit-split. Though with a 17-18 yo VLCC, the profit might be somewhat less than a younger vessel.

With spot rates improving, I wonder if SFL would consider newbuilds without charter coverage?
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