Zodiac Maritime's tanker swoop signs off $690m Toisa fleet sale

Eyal Ofer-led company buys final six ships from Callimanopulos fleet, closing book on potentially market-moving disposal

27 September 2018 17:00 GMT Updated 11 March 2020 13:47 GMT

By Harry Papachristou

and Andy Pierce

in Athens and London

Zodiac Maritime’s $280m move for six modern tankers looks to have closed the book on the sale of 26 vessels owned by Gregory Callimanopulos’ Toisa when it filed for Chapter 11 last year.

Clarksons won a mandate to handle the sale of the 20 trading vessels and six newbuildings in April. TradeWinds calculates the fleet has been sold for around $690m.