Singapore’s Hong Lam Marine has acquired a fourth tanker from the liquidators of Xihe Holdings.

The 13,500-dwt chemical/product tanker Ocean Marlin (built 2018) was handed over to the Caroline Yang-led company at the end of March and has been renamed Castor.

The sale leaves Xihe’s liquidators to find buyers for the 20 remaining unsold tankers, including three medium-range product tankers and 17 small product tankers of between 1,000-dwt and 16,600-dwt.