London-listed Tufton Oceanic has acquired the 2012-built 33,500 dwt handy bulker Orient Alliance from Cypriot owner Interorient Shipmanagement.
According to shipbroking sources, Tufton Oceanic bought the Weihai Samjin-built ship for a price of around $7m. The price is significantly cheaper than the MSI valuation of 9496331">$9.9m9496331" /> and VesselsValue valuation of $8.03m.
Earlier this month, Tufton Oceanic sold the 2014-built ultramax bulker TR Omaha to Oman Shipping.
