China Merchants sells aframax to MSL

CHINA Merchants Energy Shipping, the country’s leading oil carrier, has sold the 1987-built, 88,878 dwt single-hull aframax tanker New Ace to Saint Vincent & the Grenadines-registered MSL for Yuan38.4m ($5.6m).
CMES said the disposal of the vessel would generate a profit of Yuan20m for the company. The vessel is due for delivery between F...

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