Primorsk Fleet Sale Approved

Source:Splash
2016.07.11
1338

A bankruptcy judge in New York approved the $215m sale of Primorsk International Shipping fleet of nine ice class tankers to SCF Tankers, an affiliate of Russia's largest shipping company, Sovcomflot.

SCF bid $215m for the fleet, beating Hafnia Tankers' $208m bid at an auction in London.

Primorsk International Shipping filed for chapter 11 protection in January.

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