Spring Marine takes Japanese MR tanker

Spring Marine takes Japanese MR tanker

Greek owner Spring Marine has taken over the 2008-built 47,500 dwt MR tanker Freja Baltic from Japanese owner Fukujin Kisen.

Both Seasure Shipbroking and Advance Shipping & Trading report that the Onomichi-built vessel has been sold to Spring Marine for a price of $16m, significantly higher than VesselsValue‘s valuation of $14.53m. The vessel is currently under a charter contract with Italian shipping company D’Amico until August 30, 2020.

Spring Marine owns a fleet of 11 vessels made up of four bulkers and seven tankers.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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