Minsheng Financial Leasing (MSFL) has emerged as the Chinese buyer of a Parakou MR product tanker auctioned in South Africa in a speculative purchase.

TradeWinds reported last month that an unknown buyer had acquired the 51,200-dwt Pretty Scene (built 2006) for $12m in a Durban court auction. The ship has been renamed C Valentine.

VesselsValue pegs the former Parakou Tankers ship at $14.61m.