Socomar adds its seventh tanker with Unicorn Shipping buy

Socomar adds its seventh tanker with Unicorn Shipping buy

Low profile Sorrento-based shipping firm Socomar has just purchased its seventh tanker according to market sources in Italy.

The medium range tanker specialist has bought the 2010-built Lavela from Unicorn Shipping for a price of $14.8m. The price is lower than MSI’s valuation of $16.2m, which may be linked to the special survey scheduled for 2020.

Socomar currently operates a fleet of six MR tankers with an average age of 8 years, all ranging from 40,000 to 50,000 dwt.

Unicorn Shipping, part of the Grindrod Shipping group, is involved in the medium range and intermediate tanker markets, shipping clean petroleum products.

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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