Equatorial of Singapore selling large storage tanker, reportedly for recycling

Equatorial Marine Fuel Management Services, one of Singapore’s most prominent bunker suppliers, is in the process of selling a veteran LR2 product tanker that it has been using in a storage role for several years.

The 106,000-dwt EM Unity (built 1999) was widely reported in the latest broking reports as having been sold for recycling in Bangladesh at $490 per ldt, or $7.67m