Delivery of First Aframax Petroleum Tanker and Immediate Commencement of Pool Employment
The Vessel is a 114,000-deadweight (dwt) crude oil tanker, built in 2006 at a reputable yard in South Korea.
- The Vessel is a 114,000-deadweight (dwt) crude oil tanker, built in 2006 at a reputable yard in South Korea.
- The Vessel has entered an Aframax tanker pool, operated by a leading international tanker operator.
- Stamatis Tsantanis, the Companys Chairman & Chief Executive Officer, stated:
We are pleased with the prompt delivery of our first tanker vessel and the concurrent commencement of its employment in a prominent pool which tracks closely the spot earnings of the tanker sector. - We consider the timing of the delivery to be optimal given the current earnings environment.