Moundreas family-controlled NGM Energy concluded a very lucrative sale-and-purchase deal by selling a three-year-old suezmax to Indonesia’s Pertamina International Shipping.
Market sources say the shipping unit of the Jakarta-based oil major spent $86m to acquire NGM’s modern, scrubber-fitted 156,600-dwt Bella Ciao (built 2020).
A manager with Pertamina declined to discuss the price but confirmed that a deal for the Chinese-built vessel was concluded at the end of December.
