Kim Heng Offshore and Marine Holdings has purchased an oil product tanker for a consideration of S$2.1 million (US$1.52 million) from the High Court Sheriff of Singapore.
The 5,000DWT Angel Sun measures approximately 101.55 metres by 15.3 metres.
The company aims to sell the vessel at a profit as and when opportunities arise.
The best maritime site on the web. The sea's our scene!