LONDON: The Board of Tufton Oceanic Assets Limited announced that the Company has acquired a Handysize Bulk Carrier for $10.6 million. This acquisition takes the Company’s fleet to nineteen vessels. The vessel has a fixed rate time charter for ten to thirteen months to a large maritime transport and logistics company. The yield during the…
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Tufton Oceanic Assets acquires Handysize Bulk Carrier for $7.0mn
LONDON, UK: The Board of Tufton Oceanic Assets Limited announced that the Company has acquired a Handysize Bulk Carrier for $7.0 million. The vessel has a fixed rate time charter for six to eight months to a major agricultural commodity trading and logistics company. The yield during the charter is in line with the targets…