SEA GEM

General information

Course/Position

Latest news

Sold via auction

Sold via auction for $ 57.4m to Greek - Alpha Tankers, out of class, SS/DD/BWTS overdue

VLCC detained in China

The "Brightoil Gem" had been arrested by China’s Haikou Maritime Court on Yangpu anchorage at the request of the vessel owner’s creditor bank on March , 2019. BNP Paribas filed to Haikou Maritime Court for detention the tanker Brightoil GEM in January 2019, as the company was unable to payback its loans of $40m. Haikou Maritime Court approved the bank’s application and seized the ship. It was the largest and most valued ship that Haikou Maritime Court had detained. Haikou Maritime Court will open a court session for the case on March 26. Two of the tankers owned by Hong Kong-based Brightoil, the "Brightoil Lion" and the "Brightoil Glory", were detained at the end of 2018.

Sold in package deal

Sold for an undisclosed price to Chinese buyers (Shandong Shipping) - BB to sellers