Hong Kong court sells four more Brightoil tankers
One VLCC and three aframaxes are being put up for tender as the Hong Kong-listed owner is struggling to settle debts with creditors. All four separate tenders will close on September 11
Brightoil has recouped $201.6m from the disposal of three very large crude carriers and one aframax in June, and is expected to recover another $230m-$250m from the sale of the remainder of the fleet