The fleet sell-off of failed Singaporean fuel trader and tanker operator Coastal Oil Holdings reached a conclusion with the sale of a pair of handysize product tankers and two bunker tankers.
The 24,200-dwt product tankers Atalanta (built 2015) and Babylon (built 2017) were sold last week, according to officials at the Sheriff of Singapore’s office.
The Atalanta has gone to Denko Bright Shipping, a Singapore-registered single-ship company that has renamed it Denko Bright and placed it under the commercial and technical management of tanker operator and shipmanager Norstar Shipping.
