Indonesian owners cash in on investments in the tanker sector

This quarter has been a busy period for Indonesia’s largest tanker owners, seeking sizeable profits from tankers purchased years ago.  The latest sale coming out of Indonesia is a ship sold by Buana Lintas Lautan (BULL), with brokers telling Splash that BULL has offloaded a 20-year-old aframax, selling the 115,000 dwt Salamander for $27m, almost …

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