Matrix Energy closes in on third tanker

Nigerian group Matrix Energy is close to snapping up the 2004-built tanker Rosita for a price of roughly $10m. The ship is owned by the shipping-dedicated investment fund Venice Shipping & Logistics.

“The deal is still subject to some specific conditions for a few days but it’s very likely to be closed,” a source familiar with the matter told Splash.

This vessel would be the third in Matrix Energy’s fleet since the Nigerian oil marketing and trading company last summer bought the MR1 tanker Acquaviva (now renamed Matrix Pride) from D’Alesio Group of Italy for $9m.

Venice Shipping & Logistics was launched in 2010 and in eight years it has invested some $94m to purchase four ships (two dry bulkers and two tankers) but it’s now going to cease operations as foreseen by the initial investment plan.

Last December Splash reported that VSL’s staff would probably take part somehow in a new shipping-dedicated debt fund still to be launched by RiverRock Capital Partners.

Nicola Capuzzo

Nicola is a highly qualified journalist focused on transport economics, logistics and shipping with broad experience in both online and printed media. Specialties: shipping, ship finance, banking, commodities and port economics. He regularly interviews Europe's top shipowner executives for Maritime CEO magazine.
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