Seven more tankers belonging to Hong Kong-headquartered Brightoil Petroleum will be sold via auction this month in addition to the three bunker tankers that TradeWinds reported earlier this week as coming up for auction in Singapore.
The High Court of Hong Kong is currently accepting sealed bid tenders for one VLCC and three aframax tankers that were arrested in January by lawyers from Watson Farley & Williams Hong Kong who were acting on behalf of Brightoil creditors.