The latest Pelagic Partners’ compartment, Pelagic Yield Fund, recently added the first vessels to its portfolio: a duo of product tankers, purchased en-bloc at a price of USD 24.8 million. The two vessels, PELAGIC TAIMEN and PELAGIC TARPON, were both built at STX Shipyard in South Korea in 2006, offering capacities of 50,000 dwt each. .
On October 11, ship owning fund Pelagic Partners in partnership with Cypriot outfit Interorient Shipmanagement took delivery of the MR2 product tanker Star Osprey. The vessel, built in 2007, will join the Norient Product Pool. The price was below recent averages and competitive especially with regards to the very low order book. The latest acquisition .