Soechi Lines takes product tanker from TB Marine

Soechi Lines takes product tanker from TB Marine

Indonesia tanker owner Soechi Lines has acquired the 2003-built product tanker Alia from German owner TB Marine.

According to shipbroking sources, the South Korean-built 35,700 dwt vessel was sold for a price of $7m, slightly higher than MSI’s valuation of $6.6m.

This is the fast growing Indonesian owner’s first ship purchase this year, following the acquisition of two tankers last year from ICBC Leasing and Yasa.

Soechi Lines operates a fleet of 47 vessels made up of 42 tankers, four LPG carriers and one FSO.

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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