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Wilmar bags bargain elderly MR tanker
Angolan energy major Sonangol has offloaded one of its older tankers. Brokers report Singapore’s Wilmar International has paid just $5m for the 1998-built 46,000 dwt Welwitschia MR product tanker. Wilmar has been on the hunt for bargain basement acquisitions this year. In August it managed to pick up a six-year-old supramax bulker for just $7m, a price that today would have increased by at least $3m. Wilmar is owned by tycoon Kuok Khoon Hong whose other interests include Raffles Ship Management.
Sold
Sold for xs 5 Mio. US$ to Wilmar
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