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Home Icon > About Us > News > Moundreas flips aframax for $11m profit

Moundreas flips aframax for $11m profit

Savvy asset player Nicholas George Moundreas and his NGM Energy continue to score. Sources tell Splash that the Athens-based owner is selling the 11-year-old aframax, , for $33m. The 105,000 dwt Sumitomo-built ship was purchased for $22m 18 months ago. NGM Energy’s last asset play was reported in March when it flipped a 2007-built VLCC, …

WP_Post Object ( [ID] => 274131 [post_author] => 81 [post_date] => 2022-06-23 03:55:00 [post_date_gmt] => 2022-06-23 03:55:00 [post_content] =>

Savvy asset player Nicholas George Moundreas and his NGM Energy continue to score. Sources tell Splash that the Athens-based owner is selling the 11-year-old aframax, , for $33m. The 105,000 dwt Sumitomo-built ship was purchased for $22m 18 months ago. NGM Energy’s last asset play was reported in March when it flipped a 2007-built VLCC, …

[post_title] => Moundreas flips aframax for $11m profit [post_excerpt] => Savvy asset player Nicholas George Moundreas and his NGM Energy continue to score. Sources tell Splash that the Athens-based owner is selling the 11-year-old aframax, , for $33m. The 105,000 dwt Sumitomo-built ship was purchased for $22m 18 months ago.... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => moundreas-flips-aframax-for-11m-profit [to_ping] => [pinged] => [post_modified] => 2022-06-23 03:55:00 [post_modified_gmt] => 2022-06-23 03:55:00 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=168290 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )