Roswell Tankers Corp has captured the rising tide of asset values to bank a huge profit on a suezmax it bought less than two years ago.
Athens-based Roswell has sold the 159,400-dwt Raptor (built 2007) to Chinese interests for $46.5m, multiple respected shipbrokers say.
The price is a 40% bump on the figure Roswell paid Ridgebury Tankers for the vessel 16 months ago.
