Indonesian tanker owner Patria Nusasegara looks set to make a lucrative asset play on a VLCC that is believed to be coming off a charter to state-owned oil company Pertamina.
Brokers report that Patria is selling the 298,100-dwt PNS Serena (built 2006) for a price described as “in excess of $40m”.
If the Universal Shipbuilding-built ship that Patria acquired from AET in October 2020 for $31m has been sold for its current market value — VesselsValue estimates it to be worth close to $44m — that profit could be as much as $13m.
