Singapore's Samudera Shipping is lining up the disposal of three more tankers as it continues to pull out of the Indonesian market.

The company is seeking shareholder approval at a meeting on 25 April for the sale of the 3,500-dwt Sinar Labuan (built 1995) and the 11,300-dwt Sinar Agra and Sinar Busan (both built 2006).

Last year, the company put six ships on the block and sold four.