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Benetech Shipping acquires tanker pair from HMM

Benetech Shipping acquires tanker pair from HMM

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Greek owner Benetech Shipping has acquired two MR2 tankers from South Korean owner Hyundai Merchant Marine (HMM).

According to broking sources, the two 50,400dwt tankers, Oriental Ruby and Oriental Emerald, were sold en bloc to Benetech Shipping for a total of $22.5m.

The latest acquisition brings Benetech Shipping’s fleet to 11 tankers.

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Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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