Buana Lintas Lautan (BULL) is believed to have bought a handymax tanker from the Petros Pappas-owned tanker outfit Product Shipping & Trading (PST).
BULL, previously known as Buana Listya Tama, is said to have paid $7.35m for the 37,300-dwt Axelotl (built 2004).
TradeWinds understands that a deal along these lines was concluded, but had not been finalised at the time of writing.
