AsiaTankers

Jalship Management buys first tanker

Indian takers of vintage tankers are increasing. This week sources tell Splash that Jalship Management has bought its first suezmax, the Jal Fighter, from Greek outfit Westport Tankers for $49m.

Westport had bought the ice-class, 2006-built ship just five months ago for $31m.

Ice-class tankers have led the way in S&P this month with stunning prices paid for any available tonnage, regardless of age.

Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.
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