Independent journal on economy and transport policy
20:14 GMT+1
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of Tankers Friend it buys the tanker medium range High Prosperity
The purchase price of the ship of 48.400 tpl, constructed in 2006, is of 22,5 million dollars
March 21, 2012
of Friend Tankers Ltd (Ireland), controlled company gives of Friend International Shipping, has concluded an agreement for the purchase of the tanker medium range High Prosperity of 48.400 gross capacities in tons, launched in 2006 from the yard Imabari Shipyard and from then rented to time from the same one of Tankers Friend.
The purchase price is of 22,5 million dollars and the delivery of the ship will happen the next month.
of Friend International Shipping it has emphasized that of Tankers Friend it has it negotiate an inferior purchase price regarding the current fair market value of the ship. The chartering contract - it has explained the company - previewed a purchase option, than previously it was not exercised as the exercise price was not convenient.
"This operation - the managing director has commented of Friend International Shipping, Marco Fiori - affords us to acquire to a price a lot interesting indeed a ship from we already very known, being rented since gives of Tankers Friend the delivery by the construction yards. The fact to be successful to acquire a ship of age and detailed lists online with the remainder of our fleet of property, to a remarkablly inferior price to that relative to the connected option of purchase, confirmation as our solidity financial institution allows us to pick on the market all those opportunities that other operators difficultly would be able to finalize. The operation confirms our strategy of along term of which the purchase and the sale of ships constitutes integral part of our model of business, and confirmation our good positioning of market and our competitiveness".
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