StockMarketWire.com - Tufton Oceanic Assets said it had acquired two sub-Panamax container ships for $22.8m.

The vessels would have charters of at least two years and three years, respectively.

One ship was chartered to part of a 'major' container shipping group, while the other would commence its charter to the same group after completing a few months of an existing charter, the company said.

Tufton said it had invested around 50% of it snet IPO proceeds and expected to invest the rest within the time frame indicated at during the raising.


At 2:36pm: [LON:SHIP] Tufton Oceanic Assets Limited Ord Npv share price was 0p at 1.06p



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