Tufton Oceanic Assets Makes Smart Investments In Tankers

519

Kyle Morris writes for Market Watch about Tufton Oceanic Assets to Buy Product Tanker, Handysize Bulker for $54.5M.

Purchase of product tanker

Tufton Oceanic Assets Ltd. said Thursday it has agreed to acquire a product tanker and a handysize bulker for a combined total of $54.5 million.

The London-listed investor in maritime assets said it will pay $30.9 million for the product tanker and $23.6 million for the handysize bulker.

Did you subscribe to our daily Newsletter?

It’s Free! Click here to Subscribe

Source: Market Watch