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Kader Shipping bags aframax

Photo of Jason Jiang Jason JiangMay 11, 2020
373 Less than a minute
Tsuneishi

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.

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Photo of Jason Jiang Jason JiangMay 11, 2020
373 Less than a minute
Photo of Jason Jiang

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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