Singapore's Ocean Tankers has doubled its fleet of floating storage units with the acquisition of an elderly VLCC from mining, energy and shipping company Agritrade Resources.
The 300,300-dwt Sea Equatorial (built 1997) was reported sold in April for $18.5m to single-ship company Da Hui Shipping but has now emerged in the Ocean Tankers fleet. It had previously been on charter to Glencore and has been stationed at the Linggi International Floating Transshipment & Trading (Lift) Hub.
