EuropeTankers

Kyklades sells aframax for $27m

Photo of Sam Chambers Sam ChambersDecember 13, 2016
6 Less than a minute

One of the more active Greek tanker owners in the S&P markets has been busy wheeling and dealing again. Kyklades Maritime Corp has sold the five-year-old Nissos Kynthos aframax to fellow Greek owner Minerva Marine for $27m.

Kyklades sold two suezmaxes to India’s Aza Shipping earlier this year while it snapped up a pair of VLCC resales from Metrostar Management in October. Minerva, meanwhile, was linked with a VLCC auction in June.

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Photo of Sam Chambers Sam ChambersDecember 13, 2016
6 Less than a minute
Photo of Sam Chambers

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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