StockMarketWire.com - Tufton Oceanic Assets said it had agreed to acquire two product tankers for a combined $36m, bringing the size of its fleet to 10 vessels.
Each vessel would have a time charter of two-to-three years to a major commodity trading and logistics company.
Tufton said it had now invested around 75% of its C Share net proceeds.
At 9:17am: [LON:SHIP] Tufton Oceanic Assets Limited Ord Npv share price was 0p at 1.06p
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