TOFG, Klaveness to Co-Operate on Kamsarmax Newbuildings

Tufton Oceanic Finance Group (TOFG) will back up Torvald Klaveness’ (Klaveness) Kamsarmax newbuildings.

Klaveness has previously ordered two 82,000 dwt Kamsarmax vessels at YZJ shipyard in China with options. Klaveness has also negotiated a second program for additional Kamsarmax vessels at the same yard.

The company has now ordered the two first vessels from the second program against a novation to a Tufton Oceanic managed entity as a buyer of these vessels. Klaveness will enter into a cooperation with Tufton Oceanic for joint supervision of the vessels.

With this transaction Klaveness has secured additional options as well as a potentially lower delivered cost resulting from a larger program.

 

Press Release, November 20, 2013

Share this article

Follow World Maritime News

Posted on November 20, 2013

In Depth>

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

CrewConnect Global 2019

CrewConnect Global is the leading forum for collaboration to advance new industry approaches to seafarer recruitment and training.

read more >

The 5th CWC China LNG & Gas International Summit

Gain Access to Global LNG & Gas Decision Makers in China

Take a peek inside our 2019 Introductory Brochure and stay on top of this rapidly developing market.

See who is already working with us this year as Speakers, Sponsors and Partners – download your Preview Brochure today and meet them in Beijing on 15-16 October 2019.

As the world’s second largest LNG importer, China will remain the biggest contributor to global LNG demand growth in the foreseeable future. Network with global LNG & gas decision makers, buyers, NOCs and Government Officials at the industry’s leading international event in China.

More info

read more >

CEDA Dredging Days 2019

CEDA Dredging Days programme will follow its successful format of contributed peer-reviewed…

read more >

Offshore Wind Europe 2019

#OWEU19 is a meeting place for governments, developers and suppliers to grow the confidence in wind power. Perfect to grow your business by securing new customers, meeting officials and industry heads.

read more >