The South Korean shipping company Sinokor Merchant Marine bought three sister ships - Cape Akrotiri, Cape Ancona and Cape Aspro. The three tankers were owned by the German company Columbia Shipmanagement Deutschland, which had serious debt problems and was forced to sell some assets to cover the bank loans. The price of the deal was not announced by according to experts it is about 48,000,000 USD. The three crude oil carriers were part from one order in South Korean shipyard Halla Engineering Samho in 1998 and has similar measures, size and capacity. Cape Akrotiri, Cape Ancona and Cape Aspro will be delivered to the new shipowner Sinokor Merchant Marine in the end of the year, when their time charter expires. All the ships are in good condition and operating under the flag of Cyprus. The shipowner Sinokor Merchant Marine is one of the leaders in container, tanker and general goods shipping in South Korea and whole East Asia.
(more…)