Tanker Delivered to Oceanfreight

Thursday, January 24, 2008
OceanFreight Inc. has taken delivery of a 1996 built Suezmax tanker, a vessel that the company had agreed to acquire in December 2007. The 149,085 dwt Suezmax tanker was delivered to OceanFreight on January 17, 2008 and, as previously announced, will trade in the spot market for the short term. Anthony Kandylidis, CEO of OceanFreight commented: "We are pleased to have taken delivery of our eleventh vessel which successfully completes the first phase of our growth strategy. Since going public in April 2007, we have expanded our fleet from 7 to 11 vessels by fully utilizing our new revolving credit facility. Going forward our main focus will remain to provide our shareholders with broad shipping industry exposure and fixed rate period charters with visible cash flows to support our stated dividend policy.”
Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Tanker Trends

Oil is on the Rise

Oil prices rose in early trading on Monday as Asian markets opened strongly into a holiday-shortened week and as consensus spread that Brent crude prices would

Larger Tankers May Offer Better Return Chances

Investors looking for returns in the tanker markets can invest their capital in a variety of ways. Should an owner invest in a VLCC or an Aframax? How about an

Benghazi Port Still Closed, Imports Rerouted

The commercial port in Libya's second city, Benghazi, remains closed due to fighting between pro-government and Islamist forces, forcing wheat imports to make a detour via Tobruk harbour,

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Pipelines Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar 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: 0.1148 sec (9 req/sec)