Tufton Oceanic closes in on product tanker

Tufton Oceanic closes in on product tanker

Oslo: London-headquartered Tufton Oceanic, a  private equity player, is tipped to be the buyer of the Kaspar Schulte, a 2004-built, 72,700 dwt product tanker. The ship is in one of two product tanker in Bernhard Schulte’s fleet list.

The price for the vessel varies. One broker claims it has gone for $21.4m, while another reckons it has been priced at $21m. The sale is yet to be finalised.

If the sale is finalised, Bernhard Schulte’s tanker section is left with about 30 tankers including gas, crude and chemical carriers.

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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