Singaporean tanker owner Xihe Holdings has reportedly sold one of its idle MR2-type product tankers to Sol Selene Shipping of Panama.
Market sources believe that more of its product tankers could be moving on to new owners in the very near future.
Tanker sources in Singapore said on Monday that Sol Selene is in the process of taking delivery of Xihe’s 50,400-dwt Ocean Moonbeam (built 2005), which is being renamed Red Ruby.
