Earlier in the day the Belgian tanker owner and Blackstone Group affiliate GSO Capital Partners were identified in court documents as partners in a joint venture that is poised to play the role of “stalking horse” when the debtor tosses five of its prized tankers on the auction block.
According to court documents the aptly named alliance, Ship Acquisition Co, is looking to buy three modern VLCCs and a pair of five-year-old aframaxes for approximately $255m in a deal that will also include fuel, spare parts and other assets.
Given
