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Aframax asset play pays off for Union Maritime

Laurent Cadji-led Union Maritime is widely reported to have earned $36m on an asset play while also spending $65.5m on two LR2 newbuildings at Jiangsu Hantong with delivery dates in 2025.  The UK-based bulk and tanker player is noted cashing in on two 14-year-old 116,000 dwt aframaxes. The Hanjin-built sisters Fulmar and Anavatos II were picked …

WP_Post Object ( [ID] => 296069 [post_author] => 81 [post_date] => 2023-09-18 05:13:52 [post_date_gmt] => 2023-09-18 05:13:52 [post_content] =>

Laurent Cadji-led Union Maritime is widely reported to have earned $36m on an asset play while also spending $65.5m on two LR2 newbuildings at Jiangsu Hantong with delivery dates in 2025.  The UK-based bulk and tanker player is noted cashing in on two 14-year-old 116,000 dwt aframaxes. The Hanjin-built sisters Fulmar and Anavatos II were picked …

[post_title] => Aframax asset play pays off for Union Maritime [post_excerpt] => Laurent Cadji-led Union Maritime is widely reported to have earned $36m on an asset play while also spending $65.5m on two LR2 newbuildings at Jiangsu Hantong with delivery dates in 2025.  The UK-based bulk and tanker player is noted cashing ... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => aframax-asset-play-pays-off-for-union-maritime [to_ping] => [pinged] => [post_modified] => 2023-09-18 05:53:52 [post_modified_gmt] => 2023-09-18 05:53:52 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=193366 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )