German shipowner Salamon AG’s sale of an LR1 product tanker to investors in a new Norwegian vehicle was driven by an undisclosed lender.

As TradeWinds reported last week, sources said the company had sold the 73,000-dwt Cape Texel (built 2009) to a new Norwegian AS company made up of local and international investors, reportedly for $12.5m. All subjects have been lifted on the sale.