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Eight Brightoil tankers facing online auction

Photo: Brightoil Brightoil Gem 1 (002).jpg
Eight tankers owned by Brightoil will be auctioned online in December this year, after the company’s restructuring bid failed last year.

The eight 7,000 dwt tankers were constructed by Zhejiang Taizhou Guoying Haidong Shipyard in 2013. 

Five of the vessels (the first batch), already stopped servicing, are now berthed at Zhoushan, Zhejiang province, which could be handed over to the buyers before 15 January 2022. The other three vessels are still under operation, which will be delivered to the buyers before 15 January 2022 and 28 February 2022, respectively.  

The first batch of five vessels will be berthed at Zhoushan for transaction and the other three will berth at Shenzhen later. 

Brightoil was delisted from Hong Kong Stock Exchange in 2020 as it was failed to complete restructuring. The last VLCC of the company was auctioned in 2019.


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