Waruna Nusa Sentana, one of Indonesia’s largest tanker owners, quietly spent the last month of 2019 lining up demo deals for unwanted older tankers.

Details have come to light of at least three deals that were concluded at the close of the year involving smaller product tankers that are set to be recycled in Bangaldesh.

Sold are the 20,000-dwt Maiden Standard (built 1989), the 7,100-dwt Trust Honor (built 1985), and the 6,900-dwt Pelita Samudera (built 1985).