Palmali buys Tsuneishi aframax pair

Baku: Leading Black Sea shipping line Palmali from Azerbaijan has signed a contract for two aframaxes at Japan’s Tsuneishi shipyard. The 107,400 dwt ships cost $60m each, with the first one due in July and the second one set for delivery in September.

Palmali has announced its intention to buy a VLCC and a suezmax before the end of the year.

(Source:www.seatradeasia-online.com)