Tufton sets new product tanker rate benchmark with fresh charter

Tufton scores 81% uplift on MR charter

London-listed Tufton Assets has capitalised on the strong tanker market, fixing one of its MR product tankers at $39,000 per day, an 81% increase on the vessel’s existing employment. The Mia Grace has been fixed for 12 to 14 months, up from its current rate of $21,500 per day. The new charter is expected to …

Tufton Assets achieves 81% charter increase on Mia Grace

Tufton Assets (SHIP) has locked in high charter rates on three more of its vessels in a further sign of the strong market conditions that boosted its annual results last week. The investment company, which has a fleet of 21 ships, said the Mia Grace, a chemical and oil products tanker, had been fixed on […]

Tufton Assets Limited charter update: two new time charters and one floating rate charter has been converted to a fixed rate charter

Tufton Assets Limited Charter update: two new time charters and one floating rate charter has been converted to a fixed rate charter Tufton Assets Limited, the income-focused investor in second-hand ocean-going ships, has capitalised on market strength with two new charter fixtures and the exercise of its option to convert an existing charter to a...

Tufton sets new product tanker rate benchmark with fresh charter

A 12-year-old MR vessel fixed for a year at $39,000 per day