Kyklades sells suezmax for $20m

Kyklades sells suezmax for $20m

Mumbai-based Aza Shipping is paying Greece’s Kyklades Maritime Corp $20m for a 16-year-old tanker, the 150,709 dwt Sikinos, according to broking sources. The suezmax was built in Japan.

The deal leaves Kyklades with a fleet of 12 ships. It also has two suezmaxes under construction in Japan.

Aza Shipping is a very low profile owner, with scant details about the company, even on shipping database Equasis.

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.

Related Posts