Connecticut-based Ridgebury Tankers is at it again, selling a 12-year-old suezmax for a 66% profit over the course of two years.
Market sources have confirmed to TradeWinds that the owner has parted with the 159,000-dwt Ridgebury Elizabeth B (built 2011) for $47m to unidentified buyers.
The Westport company had acquired the tanker in 2021 for $28.3m