Mitsubishi Corp is offloading its only LR2 tanker.
The Japanese trading house is said to be seeking a buyer for the 115,000-dwt product tanker Glory Crescent (built 2013), which players claim is the only large unit left in Mitsubishi Corp’s fleet.
They add that the ship is operated by subsidiary Diamond Tanker in Singapore, although a source familiar with Mitsubishi Corp says the Glory Crescent is controlled by the parent and not Diamond Tanker.