German Tanker Shipping (GTS) has reportedly pulled off a coup by offloading two elderly MR1s for a very strong price.
Brokers said the 32,500-dwt Seahake (built 2003) and 32,300-dwt Searay (built 2004) have gone to unknown interests for a combined $30m.
The vessels, built at the Lindenau shipyard in Germany, are assessed as worth only $10.5m and $11.5m, respectively, by VesselsValue.
Their values have risen from $6m a year ago.
The tankers have been operated by the shipowner since delivery.
Brokers list GTS with a fleet of 10 owned tankers flagged in Germany — all MRs built between 2003 and 2009.
Excluding the Seahake and Searay, one other dates from 2003 and another from 2004.
Five more tankers — four MRs and a small clean carrier built between 2005 and 2009 — are technically managed for Seychelles Petroleum.
GTS sold off two 2001-built ships last year to Etihad of the United Arab Emirates, and a sister ship the year before to UAE owner Al Rafedain Marine Services.
The Bremen-based company, founded in 1998, has been contacted for comment.
Bahri selling?
Brokers also reported the sale of two MRs by Saudi Arabian giant Bahri.
The 46,000-dwt NCC Dammam and NCC Haiel (both built 2008) were said to have gone to unknown buyers in the UAE for $20.1m each, well below VesselsValue’s assessment of more than $27m.
The ships have their special surveys due, however.
The tankers have risen in value from less than $17m a year ago.
The NCC Haiel has been renamed Brave, under the ownership of Bravery Maritime, which is registered in the Marshall Islands.
Bahri has been contacted for comment.
