Dubai-based Kader Management & Shipping has shed all of its tankers less than a year after becoming a shipowner.
Market data indicates three of its tankers have been sold or transferred to a new entity called Clara Shipping. A fourth has been sold for scrap.
Clara appears to have also engaged the services of the same website developer that conjured up Kader’s, as the formats and text are identical with only the company names, contact details and some photographs changed.
