Evangelos Marinakis-controlled Capital Maritime is reportedly selling a modern crude tanker at a price significantly above what the Greek company paid to order the vessel six years ago, when markets were in the doldrums.
US brokers are tying state-controlled Azerbaijan Caspian Shipping Co (Asco) to the purchase of Capital’s scrubber-fitted 115,500-dwt Aristofanis (built 2020) for $78.8m.
This is an eye-catching price, not just compared with the $50m that Marinakis is believed to have paid when contracting the vessel as a newbuilding at Daehan Shipbuilding in 2018, but also compared with last-done levels for similar ships lately amid steadily climbing tanker values.
