Gulf Energy Maritime aims to exit LR2 segment

Gulf Energy Maritime (GEM) is to exit the LR2 tanker market, as it plans to focus on smaller units.

European brokers said the 114,000-dwt Gulf Vision (built 2012) and Gulf Valour (built 2013) are for sale.

The Gulf Valour is available for inspection as it loads at Sikka, India, and later this month at its discharging port in Taiwan. The Gulf Vision is currently at Lome, Togo.