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Seven Islands reportedly in for $50m product carrier quartet

India’s Seven Islands Shipping has swooped for four product carriers from Koenig & Cie, according to brokers.

Officials from Seven Islands declined to confirm the deal when contacted by Splash.

The Indian firm is understood to have paid $50m en bloc for three Hyundai Mipo-built and one Guangzhou Shipyard International-built tankers.

The ships are listed as King Ernest, King Edward, King Everest and King Emerald.

Founded in 2002, Mumbai-based Seven Islands has eight other ships in its fleet.

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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.
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