5th Oct 2020 15:14
Tufton Oceanic Assets Ltd - maritime assets investor - Acquires two product tankers for USD23.0 million, taking fleet to 18. "Both vessels have fixed rate time charters for three to five years to a major commodity trading and logistics company," Tufton said.
Notes a subsidiary completes a USD24.0 million debt financing, with all-in cost below 5.0%.
Current stock price: USD0.84
Year-to-date change: down 19%
By Eric Cunha; [email protected]
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