TOP Tankers Announces the Sale of Single Hull Vessel

Tuesday, November 30, 2004
TOP Tankers Inc announced today the sale of M/T Med Prologue, a 29,990 dwt, single-hull handysize tanker built in 1985, to an unrelated party. The sale will result in a book profit of approximately $0.4 million, which will be recognized in the 4th quarter of 2004. The vessel is expected to be delivered to its new owners by December 31, 2004. Evangelos J. Pistiolis, President and Chief Executive Officer of TOP Tankers Inc, commented, "The sale of M/T Med Prologue is consistent with our Company's policy of operating a high quality, double-hull fleet. Following the sale of the vessel and the delivery of our 5 newly acquired Suezmax tankers, 98.4 percent of our tonnage will be double-hull."
Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

FLNG Prelude: A New Dawn in the Age of Maritime & Energy

Longer than four football fields, as big as six Nimitz-class aircraft carriers and almost as tall as the Taipei 101 skyscraper, Royal Dutch Shell PLC is hoping that its record-setting,

Corvus Energy, GMC Close Financing Agreement

Corvus Energy today announced that it has completed a strategic investment by Green Marine Capital (GMC) previously announced on May 5, 2014. Green Marine Capital,

Valemon Topsides Installed

On Monday, July 28, the topsides were lifted into place on the steel jacket on the Valemon field in the North Sea. Produced by Samsung Heavy Industries this is

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Ship Simulators 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: 0.0756 sec (13 req/sec)