Benetech Shipping acquires tanker pair from HMM

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.

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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