UK shipping fund Tufton Oceanic Assets has wasted no time in chartering out two MR tankers it acquired from Evangelos Marinakis-backed Capital Ship Management.
Brokers reported trading giant Trafigura fixing the 50,100-dwt Alkaios and Archon (both built 2016) at $20,000 per day for three years.
The Archon will operate in the west, while its sistership will trade in Asia.
Brokers had assessed three-year MR rates at $16,000 per day last week, showing how term markets keep strengthening.
The vessels had been with Capital since they were built.
Tufton was said to be paying a combined $73m for the pair — $8m more than the Greek owner paid to order the vessels at Samsung Heavy Industries in 2013.
VesselsValue assessed the duo as worth about $67m together, against a background of rising rates and asset prices.
The ships had been operating in the Dorado Tankers Pool.
Higher rate
Trafigura has also taken Tufton’s 50,000-dwt Mia Grace (built 2014) for western trading at $21,500 per day for three years.
Maersk Tankers, meanwhile, has chartered out the 50,000-dwt Maersk Callao (built 2018) for Asian operations to BP.
The six-month deal is paying $38,000 per day. The tanker will handle dirty products and carry out bunkering.
And US banking giant and shipowner JP Morgan has fixed its 50,000-dwt Largo Mariner (built 2018) to PMI, but terms have not been disclosed.
In the LR sector, brokers reported the 110,000-dwt Scorpio Tankers LR2 STI Gauntlet (built 2017) fixed out for three years at $32,750 per day to ExxonMobil.
This deal was still said to be on subjects.
Scorpio said in an update earlier this month that the 110,000-dwt STI Lombard (built 2015) had been booked for three years at the same rate by an unnamed charterer.
