Trafigura Agrees to Buy Oil-Product Tankers as Ship Returns Gain
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Trafigura Beheer BV agreed to buy three medium-range tankers to carry refined oil products such as gasoline, its first purchase of vessels in the class, as earnings for the ships rise.
The tankers have been put on subjects, meaning the transaction is not yet final, Victoria Dix, a Geneva-based spokeswoman for the company, said today by e-mail. She declined to say which unit of Trafigura, the third-largest independent oil trader, agreed to buy the ships or to confirm their value.