Lila Global, the shipowning arm of cash buyer Global Marketing Systems (GMS), has added a second Cosco Shipping Energy Transportation VLCC to its ever-changing fleet of tankers.
Its purchase of the 299,100-dwt Cosglory Lake (built 2003) for a price said to be in the low $40m region is one of several reported tanker transactions involving Middle Eastern and Indian buyers over the past week.
