The Oldest Ship In The Estoril Navigation Fleet Sold

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Greek tanker crew, the oldest ship of Estoril Navigation, headed by Alex Karidopoulos, has been sold as reported by Splash 247.

Aframax sold

Blue Power, a 19-year-old Aframax, has been renamed ARC 1 and sold to Vietnamese interests for over $14 million.

Estoril Navigation now has three aframaxes from 2009 and one from 2003.

Estoril Navigation was founded in 1993 as a successor to Empire Marine Transport, which had been founded ten years before.

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Source: Splash 247