In QuotedData’s morning briefing 5 October 2020:
- Tufton Oceanic (SHIP) announced the acquisition of two product tankers for an outlay of $23m, taking the fleet to 18 vessels. Both vessels have fixed-rate time charters deals for three to five years with a major commodity trading and logistics company.
We also have news of a $182m IPO by one of RTW Venture‘s holdings, a dividend increase announcement by LXI REIT and an acquisition by Regional REIT.