The company had contracted to buy the vessel in October 2016.
With the inclusion of this vessel, the company’s current fleet stands at 38 vessels, comprising 24 tankers (seven crude carriers, 15 product tankers, two LPG carrier) and 14 dry bulk carriers (one capesize, seven kamsarmax, six supramax) with an average age of 8.89 years aggregating 2.94 million DWT.
Additionally, the company has one newbuilding kamsarmax and two secondhand aframaxes on order.
