Ocean Tankers Acquires New Ship

Friday, December 29, 2006
Ocean Tankers Holdings Public Company Ltd (OCT) announced that within the framework of the company’s policy for the improvement of its fleet, it has reached an agreement for the purchase of a tanker of new generation. The new tanker is the M/T Montauk, year of Manufacture 1999 under US flag, registered with the American Bureau of Shipping – ABS. The total capacity of the vessel is 5771 DWT at the price of US$10.825.000 The ship will be registered in the Cypriot shipping register under the name M/T KALIA. For the acquisition of the ship it has already paid 10% of the purchase price (USS1,082,500) in advance. The acquisition of the new tanker is expected to extend further the company’s turnover and to have positive effect on the profitability of 2007 and of the next years. Source: Financial Mirror
Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Liberian Registry Appoints Catsiba Manager in Dubai

Fay Catsiba has joined the Liberian International Ship & Corporate Registry (LISCR) as Business Development Manager based in Dubai, U.A.E. Greece-born Fay, who

Cook Joins Horizon Shipbuilding as Operations VP

Horizon Shipbuilding, Inc. announced that Mickey Cook has joined the corporation as the Vice President of Operations for the Bayou La Batre shipyard. Cook, one of the founders of C & G Boatworks,

Mercury Marine Launches Repower Financing

Mercury Marine launched a new repower finance program that aims to make it easier for consumers to get the engine performance they want with flexible financing for a broad range of buyers.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1005 sec (10 req/sec)