India Steamship Sells Tanker Fleet to Centrofin

Tanker owner and operator India Steamship has sold its four strong LR2 tanker fleet to Greece’s Centrofin Management, VesselsValue’s data shows.

The three 105,800 dwt tankers sold on May 22 for a combined price of USD 65 million are Ratna Namrata, Ratna Shradhra, and Ratna Shruti.

All three vessels were built by South Korea’s Hyundai Heavy Industries in 2008.

Earlier this month, India Steamship sold the 2010-built Ratna Shalini to Centrofin for USD 25 million, according to VesselsValue.

The four tankers were initially reported to be sold to another Greek shipping company – Enterprises Shipping and Trading.

The combined purchase price for the three tankers declined by USD 2.5 million compared to the price announced back in January 2017, while the Ratna Shalini was sold for USD 1.5 million less than reported in January.

With the latest additions, Centrofin will have a fleet of 9 bulkers and 20 tankers.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jun 2018 >>
MTWTFSS
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 1

TRANSTEC 2018

TRANSTEC 2018 welcomes participants to explore Russian Ports and Shipping development opportunities…

read more >

Europort 2018

From 15-17 May 2018, the 12th edition of Europort Romania willl take place in the IDU Hall in Constanta…

read more >

The 27th World Gas Conference

The 27th World Gas Conference is the leading global industry event and is the definitive gathering of influential leaders, buyers and sellers, policy-makers and experts from around the world.

You will hear critical business insights and lively debates on the most topical issues facing the global gas industry today and in the future.

From 25-29 June 2018, Washington DC is expected to host 12,000 attendees, 500 speakers and 350 exhibitors representing, more than 600 companies from 100 countries.

Presented by the IGU, this is the largest and most high-profile gas event that is conducted by the industry for the industry.

Read More

read more >

SMM 2018

This is a must-attend event – a unique opportunity to meet key players, display business strengths, establish new contacts and exchange…

read more >