India Steamship Sells Tanker Fleet to Centrofin

  • Business & Finance

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

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