Sentek Marine takes elderly VLCC for $16.5m

Sentek Marine takes elderly VLCC for $16.5m

Sentek Marine, best known as a Singapore bunker supplier, has bought its second VLCC. Brokers report it has paid $16.5m for a 21-year-old tanker, OS Concord, owned by South Korea’s Syncro Shipping. The ship is now on subs with a drydocking due.

Sentek was linked last year to a Gener8 VLCC, a ship that eventually ended up in the fleet of Thailand’s Nathalin.

Founded in 1993, Sentek has grown to become among the top three bunker names in Singapore, the world’s top bunkering port.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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