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Larine Tankers reportedly sells two LR1 product tankers to UAE buyers for $110m
Larine Tankers has reportedly sold its two LR1 product tankers, Bluebird and Starling, to UAE interests for a combined $110m, according to shipbrokers.
Shipbrokers have identified the vessels as the 2016-built Bluebird and Starling, both constructed at China's New Times Shipbuilding. The reported buyer is linked to UAE interests.
The reported combined price is $110m. The deal is said to clear out Larine's existing fleet. Shipbrokers point to strong secondhand tanker prices.
The exact final amount is not provided: the source text is truncated after the word approximately.
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