Indonesian tanker owner Buana Lintas Lautan (BULL) has again beefed up its profile in the international tanker trades via a period deal to charter two aframaxes and an LR2 to Elite Tankship.
The contract brings the number of ships under the control of the Mangish Kakodkar-led Elite to eight vessels, all of which are chartered to top-tier commodities-linked companies on a mix of short-term charters, spot voyages and index-linked deals.