The order is part of an ongoing fleet renewal program in the LR2 segment. “We are building the LR2s to ensure we have a portfolio of vessels that best fits our customers’ demands. The new buildings will help us sustain a competitive fleet in a segment that is attractive to customers and owners alike, and to retain a strong market position,” says Søren C. Meyer, Chief Asset Officer at Maersk Tankers.
For the new building program the contract was signed in a market with competitive asset prices. The company had confirmed the order of the first six vessels in May 2018. It is expected that the ten LR2s will be delivered from 2020 – 2022. The vessels will come under Maersk Tankers’ commercial, technical and corporate management.