Maersk Tankers Set To Add 11 Tanker Vessels To Its Fleet

Maersk Tankers Set To Add 11 Tanker Vessels To Its Fleet

Maersk Tankers Set To Add 11 Tanker Vessels To Its Fleet

After signing an agreement with BP Shipping (BP) and ICBC Financial Leasing Co., Ltd (ICBC), Maersk Tankers is going to add 11 tanker vessels in its fleet.

According to the agreement, each vessel that will be taken by Maersk Tankers from the owner will be according to a bareboat charter arrangement, that will then be hired out to BP under a 3-year time charter deal. Thus, the full responsibility for the risks involved in the operation and the technical management of the ships will be assumed by Maersk Tankers.

“We are excited to enter into this agreement and are honored that two industry leaders have selected us as a trusted partner. With this agreement, we increase our fleet under management to 198 vessels from more than 30 different partners – cementing our strong position within the industry,” says Soren C. Meyer, Chief Asset Officer at Maersk Tankers.

The agreement is related to three Suezmax, three MR, and five Handy-sized vessels, which were all built-in Korea between 2016 and 2017.

Maersk Tankers have an experience of more than nine decades in the commercial and technical management of vessels.

“Our technical management services build upon Maersk Tankers’ high safety standards, extensive technical experience and a proven ability to run vessels cost- and fuel-efficiently with a strong emphasis on cutting CO2 emissions. We look forward to leveraging our capabilities and strong operational track-record to manage the vessels in the best interest of both partners,” says Tommy Thomassen, Chief Technical Officer at Maersk Tankers.

Maersk Tankers is expecting to receive the delivery of the first vessel in early 2020 with the others being delivered in 2020.

Reference: maersktankers

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