Liner owner and operator X-Press Feeders Group in Singapore has moved into the aframax product tanker sector.
Its shipowning arm, Eastaway, debuted in the tanker arena last summer, acquiring a secondhand ship. It is adding one more vessel of the ship type to its fleet by splashing out around $61m on a resale newbuilding.
Shipping sources said Eastaway is one of the three companies behind LR2 newbuildings booked at Zhoushan Changhong International Shipyard.
