Blue Lines offloads aframax

Blue Lines offloads aframax

Dubai-based owner Blue Lines Shipping continues to downsize its tanker fleet. According to broker sources, the company has sold its aframax tanker BLS Ability to Greek owner Avin International.

The 2002-built vessel was sold for a price of $9m.

In April, Blue Lines was reported to have sold its last MR tanker Bursa, making an exit from the MR sector.

The company’s fleet will be down to just one aframax tanker, BLS Advance, if this latest deal is completed.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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