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November 30, 2020
The Suezmax tanker Bastia, of which the Energy Fund owned 12.5%, has been sold to Seven Island Shipping in India.
The Suezmax tanker Bastia, of which the Energy Fund owned 12.5%, has been sold to Seven Island Shipping in India. Other shareholders in the vessel were Euronav, Tufton and Ridgebury Tankers. The Energy Fund is very pleased with the return from this investment and looks forward to new investments in the energy logistics segment once the market has recovered to Pre-Covid levels.
Fredrik M. Johansson, CEO Energifonden Sverige AB
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