Indonesian shipowner Buana Lintas Lautan (BULL) has been linked to the purchase of two 12-year-old LR2s that are owned by Hin Leong Trading founder Lim Oon Kuin.

Sale-and-purchase brokers said the Jakarta-based company has acquired the Chinese-built 108,900-dwt Ocean Lady and Ocean Odyssey (both built 2008) for an undisclosed price.

VesselsValue estimates the worth of the Ocean Lady at $18.89m