Capital Cashes in Tanker

Source:TradeWinds
2012.03.23
461

Evangelos Marinakis’ Capital Products Partners has cashed in one of its smallest tankers.
Nasdaq-listed Capital says funds from the sale of the 12,000-dwt Attikos (built 2005) will be used to repay bank debt.
Confirmation of the trade comes six months after TradeWinds first revealed the ship was on the block along with its sister, the Aristofanis.
Capital does not reveal how much the Attikos sold for, but a figure of around $10m was floated when it was first placed on the market.
The agreement was announced alongside period deals for two of the owner’s suezmax tankers.
BP Singapore has fixed the 160,000-dwt Amore Mio II (built 2001) for up to two years at $18,325 daily.
Capital says the rate includes a compensation figure from sponsor Capital Maritime, which had taken the vessel at $18,022 per day for 11 to 14 months in December 2011.
Privately owned Capital Maritime has today hired the 162,400-dwt Miltiadis M II (built 2006) at $18,250 daily for the next 12 months.
Shipbroker Clarksons presently has a $16,000 per day estimate on one-year suezmax charters.

TOP