Tufton Oceanic Assets has fixed out its two chemical tankers at what it called “attractive” rates delivering strong yields.
The London-listed shipping fund, managed by Tufton Investment Management, said the 25,600-dwt Glen Cove (built 2008) and 20,000-dwt Octonaut (built 2007) have been booked for up to three years by an unnamed “leading operator”.
These are the only two chemical carriers in a fleet of 10 tankers.