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Kader Shipping bags aframax

Dubai-based tanker owner Kader Management and Shipping has acquired the 2000-built 105,900 dwt aframax tanker Blue Sun, a ship managed by Zodiac Maritime.

According to shipbroking sources, the Hyundai Heavy-built vessel was sold for a price of $8.5m. Ship registration information shows the vessel has been renamed Jubilant.

Kader currently owns a fleet of four tankers made up of two aframax tankers, one panamax tanker and one handy tanker.

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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