Moundreas flips aframax for $11m profit

Capt. John

Savvy asset player Nicholas George Moundreas and his NGM Energy continue to score. Sources tell Splash that the Athens-based owner is selling the 11-year-old aframax, , for $33m. The 105,000 dwt Sumitomo-built ship was purchased for $22m 18 months ago. NGM Energy’s last asset play was reported in...

https://splash247.com/moundreas-flips-aframax-for-11m-profit/

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