Product Shipping & Trading (PST) and Oceangold Tankers have sold of a pair of ageing MR product carriers.
The moves give some impetus to a rather subdued sale-and-purchase market for tankers, which has seen much less excitement than bulkers and containerships lately.
Petros Pappas-led PST has sold the 48,000-dwt MR tanker Undine (built 2004) to Middle Eastern buyers for $9.75m,
