Dong A Tanker sells two brand-new MRs

Dong A Tanker sells two brand-new MRs

South Korea’s Dong A Tanker has sold two of its newly delivered MR product tankers to Greek buyers for $69.6m in total, which includes the ships’ respective timecharter contracts.

Brokers told Splash today that the buyer is likely to be Vardinoyannis-controlled Avin International. Splash has contacted the owner for comment.

The 50,000-dwt Dong A Krios and Dong A Triton were delivered this year from Hyundai Mipo in South Korea and were sold for $34.8m each. The vessels both have epoxy-lined cargo tanks.

Both tankers have been timechartered to an unnamed counterparty for five years at $15,500 per day, plus an option for a one-year extension period at $16,000 daily and a further year at $16,500 per day.

Holly Birkett

Holly is Splash's Online Editor and correspondent for the UK and Mediterranean. She has been a maritime journalist since 2010, and has written for and edited several trade publications. She is currently studying for membership of the Institute of Chartered Shipbrokers. In 2013, Holly won the Seahorse Club's Social Media Journalist of the Year award. She is currently based in London.

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