Cashed up Korea Line Corp has taken a couple of product tanker resales from Capital Product Partners. The Aison and Agon, two epoxy coated 50,000 dwt ships being built at Samsung Heavy Industries’ yard in Ningbo, China have been bought for $30m per unit, sources tell Splash. The deal includes seven-year time charters on the pair at $14,950 a day. Both ships are due for delivery in January next year.
Korea Line was a high profile casualty of the downturn before being bought out by local construction firm Samlas Midas Group, which has since injected it with significant funds to rejuvenate the fleet. Korea Line’s fleet today stands at 26 ships totalling 2.69m dwt – a mix of bulkers, LNG carriers, tankers and one car carrier.
