Buana Lintas Lautan (BULL)’s appetite for tanker tonnage shows no signs of abating as the company was this week widely reported to be acquiring another four large tankers — this time from the fleet of Maersk Tankers.
BULL is said to be buying the 109,600-dwt LR2 product tankers Maersk Princess, Maersk Phoenix (both built 2005), and Maersk Promise and Maersk Producer (both built 2006) in an enbloc deal worth $83m.