Bakri Navigation of Saudi Arabia has paid Sinokor Merchant Marine $15.5m for the Samsung-built, 113,000-dwt tanker Pacific

London (built 1999), according to sources. Sinokor bought the ship as Koa Spirit for $12.5m in July 2014.

The Higaki-built, 13,000-dwt stainless-steel chemical tanker Global Neptune (built 2004) is said to have been sold to an undisclosed buyer for $10m.

The 8,300-dwt chemical tanker Hosho (built 2000) is understood to have been sold for $7m.

The