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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Tanker Trends

Port of Rotterdam Throughput Dips in 2016

Compared to the first half of 2015, which saw throughput increased by 6.8 percent, the Port of Rotterdam handled 3 percent less cargo in the first six months of 2016,

Libyan Deal to End Oil Ports Blockade Needs Signing

Libyan Petroleum Facilities Guard (PFG) commander Ibrahim Jathran said on Monday he was ready to end a blockade at key oil terminals, but the U.N.-backed government

As Market Sours, LPG Tankers Anchor off Singapore

Record U.S. LPG exports to Asia flip market into a glut. Last year, liquefied petroleum gas (LPG) supplied to Asia was being snapped up by petrochemical makers.

 
 
Maritime Security Maritime Standards Navigation Pipelines Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | 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: 0.0645 sec (16 req/sec)