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
Transferred shares of 40 subsidiaries to BVI firm after tribunal awarded claims in favour of Trinity Seatrading; YSPL has also filed a civil complaint against DNV and Liberian ship registry at Nanjing Maritime Court.
ADNOC L&S, Gulf Energy Maritime, Cockett Marine Oil, Mideast/Bahri Ship Management and VPS experts present their views on biofuel bunker hurdles at the VPS Biofuels Seminar in Dubai on 16 March.
‘Bunker barges operate in very local areas so these vessels call at port very often which means it will be a good fit for women with families,’ states Elpi Petraki, President of WISTA International.
“Our Singapore branch is under preparation and is expected to start business at the republic before June 2023,” Managing Director Darcy Wong tells bunkering publication Manifold Times in an interview.
Development to supply B35 biodiesel blend officially takes effect on 1 February; local bunker suppliers will be able to deliver updated spec within March onwards, once current stocks of B30 avails run out.
VPS, Global Centre for Maritime Decarbonisation, Wilhelmsen Ship Management, and INTERTANKO executives offered a multitude of perspectives to 73 attendees during the VPS Biofuels Seminar, reports Manifold Times.