February 12, 2018 / 4:15 PM / 11 days ago

BRIEF-Tufton Oceanic Assets Says Acquired Two Feeder Containerships For $20.5 Mln

Feb 12 (Reuters) - Tufton Oceanic Assets Ltd:

* ‍COMPANY HAS ACQUIRED TWO FEEDER CONTAINERSHIPS FOR $20.5 MILLION​

* ‍VESSELS ARE INITIALLY CHARTERED FOR 2-3 YEARS TO A MAJOR CONTAINER LINE WHICH IS INVESTMENT GRADE.​

* ‍INITIAL YIELD IS IN LINE WITH TARGETS EXPRESSED IN COMPANY‘S PROSPECTUS​ Source text for Eikon: Further company coverage:

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