CMB announces purchase of MINERAL MONACO

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

29 Feb 2008

Bocimar and its joint venture partner Drylog have exercised their option to purchase the Mineral Monaco (2005 - 180,263 dwt) currently on long-term charter from Imabari (Japan). The change of ownership is scheduled to take place in the course of the month of May. The acquisition price amounts to USD 37.5 million.