Tufton Oceanic takes another Koenig Cie suezmax

Tufton Oceanic takes another Koenig Cie suezmax

Fund manager Tufton Oceanic, which earlier said its preference this year is tankers, is sticking to its word.

Broking sources tell Splash the outfit has snapped up the 2003-built suezmax Cape Baxley for $25.5m.

Yet again Tufton has reached out to German owner Koenig Cie for ships. Last year Tufton bought two 12-year-old suezmaxes from the same outfit for some $5m more per ship.

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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