Waruna continues tanker buying spree

Waruna Nusa Sentana has acquired 2009-built small chemical tanker Donghai from China’s Ningbo Donghai Shipping, according to brokers.

Seasure Shipbroking and Allied Shipping & Trading are reporting that the Indonesian outfit has paid $7.4m for the vessel, slightly under the VesselsValue market valuation of $7.81m.

If confirmed, the deal will see Waruna’s tanker fleet grow to 43 out of a fleet of 53 vessels in total. The company has been growing at a rapid rate, picking up seven vessels in the secondhand market last year and 10 in 2018. Fifteen of the acquisitions were in the tanker segment.

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