Xihe Group product tanker duo heads to low-profile Greek buyer

A pair of MR product tankers from Singapore's Xihe Group has been sold to clients of a low-profile Piraeus company.

Brokers in London identify Spring Marine Management as the buyer of the 50,000-dwt Chang Jiang (built 2008) and Dong Jiang (built 2009) for about $11m each.

KPMG, which acts as receiver for Standard Chartered Bank, is said to have tried to sell the two SLS Shipbuilding-constructed tankers in December 2020.