Buyers behind recent LR2 sales are starting to surface. New York-listed Teekay Tankers agreed last month to sell the 2007-built <em>Galway Spirit</em> to an undisclosed party for an undisclosed price, with delivery set for the first quarter of 2025. The 105,000 dwt vessel, built by Hyundai Heavy, is now renamed <em>Anemoni</em> and joins the fleet of Greek player IMS. VesselsValue has noted that the price was $26.3m. This marks IMS’s third acquisition this year and its second LR2, bringing its total number of tankers to 27. Another seller is Turkey’s Onn Shipping, which operates a fleet of seven tankers. This outfit offloaded the 2008-built <em>Evita</em>, a 115,500 dwt unit constructed by South Korea’s STX, to Chinese interests. Another recent LR2 transaction involves MJL Bangladesh, a lubricant and LPG trader, which sold the 2005-built <em>Omera Legacy, </em>also to Chinese interests. The ship is now renamed <em>Long Xiang</em>. A price tag of $25m has been attached to this deal. LR2 tankers strike a balance between size and flexibility, making them well-suited for long-haul exports in a market with rising demand for refined fuels, especially in Asia and Africa.