Bob Burke-led Ridgebury Tankers is expanding its suezmax fleet with the acquisition of four 2005-built 159,000 dwt tankers from German owner Koenig Cie.
Shipbroking sources report the company has acquired Cape Brindisi, Cape Bari, Cape Bastia and Cape Bonny for an enbloc price of $82m. VesselsValue valued the vessels at around $19-20m each.
The acquisition will increase the company’s owned fleet to 27 vessels made up of 12 suezmaxes, six VLCCs and nine handy tankers.
Earlier this month, Ridgebury pocketed $29m from the sale of 2002-built VLCC Ridgebury Eagle to Malaysian FPSO specialist Yinson Holdings.
Following the sale, Koenig Cie’s fleet will be downsized to four vessels made up of one bulker, one containership and two tankers.