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Ocean Tankers completes sale of lube plant to Gulf Oil

The judicial manager of Singapore-based Ocean Tankers, once one of Asia’s largest vessel operators, has completed the sale of its lubricant blending plant and storage facilities in Tuas to Gulf Oil International, part of India’s Hinduja Group. Mike Jones, chief executive of Gulf Oil International, said Ocean Tankers’ lube blending plant offers a strategic opportunity […]

The post Ocean Tankers completes sale of lube plant to Gulf Oil appeared first on F&L Asia.

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