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September 6, 2009

Odfjell Buys Vessel from Star Tankers

Norwegian shipping company Odfjell has agreed to purchase the Jo Brevik vessel from the UK's Star Tankers. The agreement also includes the sale of Odfjell's 23,000dwt vessels, Bow Pioneer and Bow Hunter, to Star Tankers with time charter back to Odfjell.

By cms admin

Norwegian shipping company Odfjell has agreed to purchase the Jo Brevik vessel from the UK’s Star Tankers.

The agreement also includes the sale of Odfjell’s 23,000dwt vessels, Bow Pioneer and Bow Hunter, to Star Tankers with time charter back to Odfjell.

The 33,190dwt Jo Brevik, built at Aker Florø, Norway, has 17 stainless steel cargo tanks and 14 coated cargo tanks, Odfjell said.

At the same time, Odfjell cancelled the current time charter agreement with Star Tankers for the Bow Asir and Bow Arar.

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