Spring Marine linked to $14.5m deal for Blue Wake product tanker

02.11.2020 12:20

Spring Marine linked to $14.5m deal for Blue Wake product tanker

Greek owner Spring Marine Management has been reported by brokers as the buyer of Blue Wake Shipping’s 2010-built MR2 product tanker Carina.

Advanced Shipping & Trading and Seasure Shipbroking both report that Spring has paid $14.5m for the Iwagi Zosen-built tanker.

The price is under the $15.2m valuation by VesselsValue, however it is noted that the ship is due for a special survey this month.

Spring currently has a fleet of eight tankers, and if confirmed this latest deal will grow the company’s fleet to 10.

Another Japanese-built MR2, 2010-built Ocean Laurel, is also set to be delivered according to VesselsValue.

Singapore-headquartered Blue Wake Shipping currently lists a fleet of five tankers and two bulkers on its website.

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