Athens-based Aerio Shipmanagement is cashing in on one of the MR tankers it acquired at depressed prices three years ago to reinvest the proceeds in fresh tonnage.
“I believe this market has legs,” the company’s founder and former ship finance man Athanassios Kossidas told TradeWinds, confirming one MR sale and three purchases by his company.
On the sale side, Aerio achieved a remarkable asset play with the sale of the 46,000-dwt Fos Energy (built 2006).
