OceanGold Tankers adds to its fleet the newbuilding tanker «Alpine Amalia»
Articles of the month, May, Shippings News Tuesday, May 17th, 2011
Dragnis family’s tanker arm OceanGold Tankers «OGT» has recently taken delivery of the new building Alpine Amalia an LR2/Aframax 107,000 dwt tanker vessel built in Huyndai Heavy Industries.
The vessel has been fixed for a long term time charter to a strong counter party with well above of current levels charter hire, which includes as well a profit sharing agreement to take advantage of any market upside.
Including the latest delivery Oceangold controls a fleet of six tanker vessels since its inception in 2007 consisting of 2 LR1 vessels, 1Panamax, 2 MRS and 1LR2 /Aframax. Oceangold Tanker operational fleet forward coverage for the period 2011-2015 is 80% assuming the earliest charter expiration translates into strong and visible cash flows.
Full article, ELNAVI magazine, Issue 449-May 2011, Page. 61
