03DEC2018 - NEWS - China Oilfield Services Limited to sell its tanker business to Northsea Shipping

China Oilfield Services Limited (COSL) has recently received clearance from its board of directors to sell two tankers and its related tanker business to Northsea Shipping for USD 12.2 million. The transaction includes sale of two small tankers, Binhai 607 and Binhai 608, and the related crude oil transportation business of the two 5,000-ton vessels, including time charter tanker services provided by COSL in the Bohai Bay and neighboring areas. The two ships have been in COSL’s ownership since 1999.

Published by Editor - www.Livebunkers.com at 03-Dec-2018 06:32:40 [UTC] , contact editor at editor@livebunkers.com