OceanGold Tankers adds to its fleet the newbuilding tanker «Alpine Amalia»

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

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