Ardmore Shipping said it sold a chemical and products tanker as it unveiled new financing to fund its purchase of six medium-range (MR) tankers from Frontline.
The New York-listed tanker owner said it sold the 29,000-dwt Ardmore Centurion (built 2005) for $15.7m.
The sale price for the STX-built ship is somewhat higher than the $11m estimate by Seasure Shipbroking’s VesselsValue database.
Meanwhile, the Ireland-headquartered company said it sealed a $71.3m
