Bakri Navigation returns to Neda Maritime for aframax acquisition

Bakri Navigation returns to Neda Maritime for aframax acquisition

Saudi Arabian owner Bakri Navigation has acquired 14-year-old aframax tanker Silvaplana from Greek owner Neda Maritime.

According to broking sources, Neda Maritime has offloaded the 109,300 dwt tanker to Bakri for $13m.

Bakri has been a regular buyer of Neda’s older tonnage, the most recent purchase last November with the 2002-built aframax Siena sold to Bakri for around $15m.

Neda Maritime’s fleet currently consists of 24 vessels, with its nine tankers made up of five VLCCs and four aframaxes.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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