Liquidators of the Xihe Holdings fleet have found a buyer for yet another of its small product tankers.
Brokers report that the failed Singaporean tanker owner's 9,500-dwt product tanker Ocean Pitta (built 2013) has been sold for $4m to a South American buyer.
Like many of the buyers who have tapped the Xihe fleet for their tonnage needs, whomever bought the Ocean Pitta got themselves a bargain.
