While the shipowner is keeping quiet about the identity of its partner in the $40m to $45m project, he dismisses rumours Sanjay Mehta’s S1 Capital is the other party.
The ships purchased by Offen Tankers, part of the Offen Group, are the 37,000-dwt King Ernest and King Edward (both built 2004), 38,000-dwt King Everest (built 2001), and 38,000-dwt King Emerald (built 2004).
