BW Pacific, the joint venture product tanker company, has offloaded two of its older LR1 tankers in a sale and leaseback deal.
"I can confirm that the deal has taken place, but am unable to provide further comment," a spokesperson for the Singapore-based shipowner told TradeWinds.
China’s Bank of Communications is said to have acquired the 72,860-dwt Compassion and Compass and (both built 2006), according to US broker Charles R Weber.
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