Busy British private equity concern Tufton Oceanic has made its first ship investments since the end of July including an eye catching entrance into the product tanker sector.
Tufton Oceanic’s diverse fleet is led by smaller boxships with interests in bulk ships and LPG ships.
Brokers report the company has paid $18.5m per ship for two 51,000 dwt, 2010-built MR tankers – CPO India and CPO China – belonging to Germany’s Claus-Peter Offen.
Tufton Oceanic has also paid another German owner, Schulte Group, $13m for a 12-year-old 2,602 teu boxship, according to multiple broking reports.