Middle East-based owner Blue Lines Shipping has fetched a firm price for two modern medium-range (MR) units. Sources say the 47,000-dwt Hyundai Mipo-built BLS Liwa and BLS Ruwais (both built 2008) have gone for $22m each to an undisclosed buyer. VesselsValue says they are worth just $20.3m apiece. The deal is said to include a time charter back to the seller.
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Blue Lines and Parakou clinch firm prices for MR tankers
Two en-bloc products tanker sales suggest a rise in asset prices in the sector.
30 June 2016 17:00 GMT
Updated
30 June 2016 17:00 GMT
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