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Scrubber-ready tanker newbuilds to join Gunvor Group

23 May 2018

ClearOcean Tankers, a newly formed joint venture with equal ownership between Gunvor Group, Oceangold Tankers and Maas Capital, has placed orders for a total of six scrubber-ready tanker newbuilds.

The shipbuilding contract sees four MR2 product tankers being built at STX Offshore & Shipbuilding and two LR2 product tankers at Daehan Shipbuilding; all six of the contracted vessels will be delivered during the first half of 2019.

They will feature eco-friendly designs and be scrubber-ready, in view of the International Maritime Organization’s new standard for lower global sulphur emissions from international shipping that will be implemented in 2020.

Clearlake Shipping, Gunvor’s wholly-owned shipping division, has entered into long-term time charters for the vessels and Oceangold Tankers is also acting as construction supervision and technical manager of the vessels.

“Expanding into vessel ownership and taking advantage of the historically low shipbuilding prices to contract eco-friendly, scrubber-ready newbuilding tankers represented an attractive opportunity,” comments Jan Andersen, Head of Shipping at Clearlake.

“Teaming up with solid partners like Oceangold Tankers and Maas Capital enables us to control more vessels and to de-risk our investment.”

Published date: 24 May, 2018

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