India Steamship to Sell Four LR2 Tankers

Kolkata-based shipping company India Steamship has reached and agreement to sell all four of its LR2 tankers to Greek Enterprises Shipping and Trading, according to data provided by VesselsValue.

Under the deal, the company will sell the 2008-built Ratna Namrata, Ratna Shradha, Ratna Shruti and the 2010-built Ratna Shalini.

Each featuring 105,800 dwt, the tankers were constructed by the South Korean shipbuilder Hyundai Heavy Industries.

Three of the ships were sold for a price of USD 22.5 million a piece, while the youngest from the batch Ratna Shalini fetched a price of USD 26.5 million.

VesselsValue data shows that the tankers secured a price which is over their market value of around USD 22.5 million and USD 24.8 million, respectively.

The tanker quartet will join Enterprises Shipping and Trading’s fleet of 22 bulkers and 17 tankers.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jun 2019 >>
MTWTFSS
27 28 29 30 31 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

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >