Tufton locks in 81% rate hike as tanker and bulker markets surge

CLAVE 1 / 4Tufton Assets extends two MR product tankers for 12 months at higher rates.

CLAVE 2 / 4Mia Grace fixed at $39,000 per day, an 81% jump from previous $21,500 rate.

CLAVE 3 / 4Ultramax African Inspiration extended for 6-8 months at a substantially higher rate.

CLAVE 4 / 4Net asset value rises to $1.63 per share, a 5% quarterly return.

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