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Coral Shipping takes second tanker in the space of just five weeks

Coral Shipping takes second tanker in the space of just five weeks

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Active Greek tanker firm Coral Shipping has been linked to its second acquisition in just over a month.

Brokers suggest Coral has taken the 2003-built LR1 tanker Tanja Jacob from KG fund Ernst Jacob for an undisclosed price.

Last month Coral took the 2004-built MR2 Shimanami Sunshine from Asahi Tanker for $9.8m. This ship has since been renamed Adventurous.

Coral’s fleet now stands at 16 ships.

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Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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