The piecemeal sale of the Ocean Tankers-linked Xihe Holdings fleet continues to gather pace with four more chemical tankers added to the sales block.

Appointed receiver KPMG is looking to sell the 16,600-dwt epoxy-coated IMO II Ocean Premier, Ocean Leader and Ocean Hero (all built 2011) as well as the Ocean Progress (built 2012).

They are owned by An Sheng Shipping, An Hua Shipping, An He Shipping and An Kang, respectively, which are four special purpose vehicles under Xihe Holdings.

VesselsValue said the 2011-built ships are worth around $8.2m and the 2012-built ship $8.6m. The four vessels were built by China's Liaoning Hongguan Shipyard.

The quartet has been offered for sale via private treaty, according to classified advertisements recently placed in Singapore newspaper The Business Times.

All interested parties have until the evening of 11 December to submit their bids, which must include a deposit of $50,000, the advertisements said.

The vessels are being sold on an "as is, where is" basis with the four vessels all currently anchored off south-east Malaysia, according to the latest AIS data.

All bids will remain valid for a period of three months from the date the bidding closes. The receiver said it reserves the right not to accept the highest or any bid.

In September, KPMG attempted to sell the Xihe Holdings 16,600-dwt chemical tankers Ocean Success and Ocean Supreme (both built 2012) and the 1,000-dwt bunker tanker Marine Topaz (built 2015) in a similar process.

Potential buyers had until 2 October to submit bids for the ships. However, the trio of tankers looks to remain unsold according to data from VesselsValue.

The judicial managers for Xihe Holdings look to have had mixed success in their attempts to offload the Singapore owner's tanker fleet.

Larger vessels, such as VLCCs and LR tankers, look to have been sold relatively quickly, while the smaller-sized ships appear to have been hard to shift.

Since late July 2020, some 18 ships from the Xihe Holdings fleet have been sold, raising at least $200m, according to VesselsValue data.

However, the figure is likely to be much higher than this because several ships have been sold for an undisclosed amount, including two VLCCs.