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B+H buys tanker

B+H buys tanker

   B+H Ocean Carriers Ltd. said it has acquired a 1988-built, double-sided, 61,000-deadweight-ton Panamax product tanker to be renamed “Sachem.” The purchase also reflects the continuation of a time charter which continues through February or March 2007.

   B+H Ocean Carriers has a 15-vessel fleet comprised of eight tankers and seven combination carriers capable of transporting both wet and dry bulk cargoes.