Several sources linked Tsakos Energy Navigation (TEN) to the acquisition of two ships BP Shipping has been trying to sell for months.
TEN has grabbed the 13-year-old 114,800dwt British Merlin and the one year younger British Curlew for US$14.65m each.
TEN registered a third-quarter loss but said in a statement that the company is optimistic about the tanker market amid the strong rebound in rates in the fourth quarter.
TEN Buys BP Shipping Aframax Duo
2016-12-01
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Source:Splash
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