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Ocean receives two tankers

Ocean receives two tankers
Further to the announcement dated April 17, 2008, Ocean Tankers would like to inform the CSE and the investment public that on April 23, 2008 at 9.45am it received the double-hull tankers M/T Hartzi and M/T Skledros of 15,500 tons each.

Ocean Tanker receives two tankers

Further to the announcement dated April 17, 2008, Ocean Tankers Holdings Public Company Limited would like to inform the CSE and the investment public that on April 23, 2008 at 9.45am it received the double-hull tankers M/T Hartzi and M/T Skledros of 15,500 tons each. With the delivery of the two tankers, the Company"s fleet increased from 11 to 13 tankers. Overall, 7 of the 8 tankers have already been received, while the last one will be received after the completion of the Rights issue.

It is reminded that all eight tankers are time chartered with Lukoil/Litasco for the period o 7 plus 3 years with a daily net freight of $15,300. It is also noted that the time charter with Lukoil/Litasco is active from the first day of their receipt.

With the increase in the Company"s fleet to 13 tankers and the scheduled receipt of three more (tankers) in the next few months, the Company will increase its turnover and profitability in 2008.

www.TurkishMaritime.Com.tr

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