Tufton Oceanic acquires two Product Tankers for $23.0m

LONDON: Tufton Oceanic Assets Limited has acquired two Product Tankers for $23.0m. These acquisitions take the Company’s fleet to eighteen vessels, a news release said. Both vessels have fixed rate time charters for three to five years to a major commodity trading and logistics company. The yield during the charters exceeds the targets expressed in…