Press releases – Page 213

Tufton Oceanic Expands Fleet with Secondhand Containership

The latest addition pushed the company’s fleet to seventeen vessels.

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But imports are expected to fall to 1.78 million TEU in December, down 9.3 percent year-over-year.

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MISC signed 15-year charter contracts with ExxonMobil for the new LNG carriers, ordered from Samsung Heavy.

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The proceeds will be used to partially fund four E-Shuttle newbuilds currently under construction.

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The closing of the transaction is expected to take place on or about October 11, 2019.

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