Waruna Nusa Sentana is by some distance Southeast Asia’s fastest growing tanker player this year. The subsidiary of Indonesia’s Waruna Group is linked to a ninth ship acquisition this year. Brokers understand Waruna has moved for the 2001-built, 36,000 dwt product tanker Aikaterini, paying Greece’s Varco $6.2m for the ageing ship. Waruna has tended to focus on older vessels. The average age of its 36 tankers now stands at 23 years old, according to data from VesselsValue.
Aside from the Varco vessel, Waruna’s recent acquisitions have centred around picking off a trio of tankers from Germany’s Claus-Peter Offen.
Aside from its growing shipping empire, Waruna, founded in 1990, is in the shipyard business, with one of the largest drydocks in Indonesia.