Asyad and MOL sell ageing LR2 for $63m

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Oman’s Asyad Shipping and Japan’s Mitsui OSK Lines have sold their jointly owned 2009-built LR2 product tanker Haima for about $63.2 million. The sale is part of Asyad’s effort to monetize ageing vessels.

Oman’s Asyad Shipping and Japanese shipping giant Mitsui OSK Lines (MOL) have agreed to sell their jointly owned LR2 product tanker, extending the Omani owner’s campaign to cash in on ageing tonnage. The Muscat-listed company disclosed that the 2009-built Haima, held through a 50:50 joint venture with MOL, has been sold for OMR24.3m ($63.2m). The …