After some success in
securing competitive market vessels and cash buyer ‘as is’ units, Pakistan
buyers continued their (recent) good run with the acquisition of another
aframax tanker, likely gas free for man entry only.
The Greek controlled
KAPPA (15,301 LDT) fetched an impressive USD 490/LT LDT ‘as is’ Fujairah with
sufficient fuel for the voyage over to Pakistan.
The sale follows those
of several decent sized aframax units from US owners such as the OVERSEAS BERYL
and EAGLE OTOME in recent weeks and shows that Pakistan is very much there to
compete on large LDT units, seemingly even container units now (despite
previous concerns surrounding beaching draft issues).
Source: Steel Guru. 15
April 2014
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