Chemikalien Seetransport down to one LR1 tanker

German tanker owner and shipmanager Chemikalien Seetransport (CST), backed by the Krämer family, is continuing to reduce its exposure to ageing tonnage, selling its 20-year-old LR1 tanker London Star to Chinese interests.The 73,900 dwt New Century-built tanker has just been renamed Tenyou.   The disposal leaves the Hamburg-based outfit with one other 20-year-old LR1 tanker on … Read full article →