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Revoil Petroleum Co SA Announces Purchase Of Ship By Subsidiary

Monday, 5 Nov 2012 03:27am EST 

Revoil Petroleum Co SA announced that its 100% subsidiary Ariston Shipping Investment Company signed a Memorandum of Agreement for the acquisition of its third freighter dry cargo ship. The ship was built in 1998 by the Japanese shipyard Suneishi Shipbuilding Co Ltd and has a capacity of 45,713 tons. The delivery of the vessel is expected to be completed by mid-January 2013. The purchase price amounts to USD 9.88 million. 

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