Fund manager Tufton Oceanic, which earlier said its preference this year is tankers, is sticking to its word.
Broking sources tell Splash the outfit has snapped up the 2003-built suezmax Cape Baxley for $25.5m.
for $25.5m.Yet again Tufton has reached out to German owner Koenig Cie for ships. Last year Tufton bought two 12-year-old suezmaxes from the same outfit for some $5m more per ship.
