A converted floating storage and offloading unit is said to have gone to a Russian buyer in what is believed to be the first sale of an Ocean Tankers-linked vessel.
Sale-and-purchase sources said an unnamed company has paid $18m for the 298,300-dwt Sea Coral (built 1996). The DSME-built vessel is registered under a company called An Zhong Shipping, which is believed to be a special purpose vehicle owned by oil-trading tycoon Lim Oon Kuin.
