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Two of my spies have let me know some interesting snippets about the Fleet. Thanks Denis and Bill

1. Four BPS ships, Esteem, Explorer, Curlew and Merlin up for sale as of 15/09/16. The "E" boats will be sold and BP will consider chartering them back-in for a 1 or 2 year TC. The birdies will just be sold without charter. The Esteem was captured on photo entering Europoort on 15/09 sporting an all red funnel with black top. She is now heading for Mersin in Turkey.

2. The entire BPS 18 ship South Korean new build fleet has been sold to a Chinese financial group ICBC for $869 million. The ships will be leased back to BPS for 10 years.

3. Work on the new 157K dwt BPS ships from the STX yards in Japan seem to have stopped, presumably to do with the parlous state of STX finances. Rumours say STX is trying to sell its cruise ship building unit in St Nazaire, France in order to keep the rest of STX afloat. Perhaps the Chinese are not releasing money until they know the yard is going to survive

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