Indian proprietor Nice Jap Transport has struck a deal to promote its 2004-built MR product tanker Jag Pahel, making room for extra fashionable tonnage.
The worth and the client of the 46,300 dwt ship Nice Jap ordered in February 2003, haven’t been disclosed.
The Hanjin Heavy-built ship, estimated by VesselsValue to be value round $17.7m, will change arms by the tip of the primary quarter of the corporate’s 2025 fiscal 12 months.
Final month, the Mumbai-listed proprietor picked up a 2010-built MR from Eire-based tanker participant Ardmore Transport for $27.1m, and one other unnamed 2013-built 51,486 dwt tanker final week, a number of months after offloading one other ageing unit.
Nice Jap at present lists a fleet of 42 ships, comprising a mixture of 30 crude and product carriers, 4 LPG carriers and 14 bulkers.