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Acquisition of 2 LR1’s - Dec 18, 2014

PGC announces the acquisition of two (2) LR1 Tankers.

M/T Aspropyrgos is a 72,900 DWT LR1 Tanker built in 2004 at Hudong Zhonghua Shipyard in China, to be renamed  PGC ASPROPYRGOS. and M/T Stena Chronos is also a 72,900 DWT LR1 Tanker built in 2004 at Hudong Zhonghua Shipyard in China, to be renamed PGC IKAROS.