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Thoresen Thai buys its second largest ship

Thoresen Thai buys its second largest ship

Bangkok: Thoresen Thai Agencies has snapped up a supramax newbuilding from Greek principals for $34.5m, the company said Friday.

The 57,000-dwt ship has been acquired from Meadway Shipping & Transport and was handed over to its new owners on Thursday.

The Teo, which will be renamed Thor Achiever, was built by China's Qingshan Shipyard and will be the second largest ship in Thoresen's fleet.

The acquisition will increase the average size of Thoresen's ships to 28,617-dwt and reduce the fleet's average age to 16.5 years.  [26/07/10]