Eurotankers bags secondhand suezmax for $18.8m

CEPSA from Spain have sold the 2004-built Teide Spirit, a suezmax that notched up significant interest from buyers. Clarkson Research reports the Spanish company received around five bids for the South Korean built ship and in the end selected Greek owner Eurotankers’ $18.8m offer.

“[S]entiment is definitely on the rise for crude tonnage of this vintage, with current price levels attracting the interest of a number of established players,” Clarkson Research noted in its most recent weekly report.

Eurotankers lists a fleet of 15 vessels on its website, 12 of which are tankers while three are handysize bulkers.


Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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