OSLO, NORWAY: The Board of Tufton Oceanic Assets Limited (ticker: SHIP.L) is pleased to announce that the Company has agreed to acquire a Product Tanker for $30.9m and a Handysize Bulker for $23.6m. The Product Tanker is being acquired at…
OSLO, NORWAY: The Board of Tufton Oceanic Assets Limited has agreed to divest the Handysize Bulker Dragon for $16.2m. The vessel is, taking its charter into account, being sold for 119% of depreciated replacement cost (“DRC”). It was acquired for…
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…