Northern European short sea shipping specialist Thun Tankers BV on Wednesday (13 May) said it has placed an order for an additional second 4,250 deadweight tonne product tanker.
The aforementioned tanker is expected to be delivered in May 2022 and like her previously ordered sister vessel enter into a long-term agreement with UK-based marine gas oil (MGO) supplier Geos Group Ltd.
The vessels are built with the “Not Always Afloat But Safely Aground” (NAABSA) design and be able to call at tidal restricted niche ports.
Thun says its long experience of building resource efficient, high quality vessels has been used in the design process.
Focus has been placed on maximising the vessel’s cargo intake and increasing in-port performance; with the scope to allow further increased cargo lot sizes going into restricted niche ports, it added.
Resource efficiency, new regulations and environmental care has also been a key focus in the development of the new vessel.
The two new-buildings are being built by Scheepswerf Ferus Smit B.V. in the Netherlands, with whom the Erik Thun Group has a longstanding relationship.
The shipyard has previously built more than 35 vessels for the Erik Thun Group.
“With two high quality NaabsaMAX size tankers we can offer increased flexibility in this niche segment,” said Joakim Lund, CCO, Thun Tankers BV.
“These tankers will be built to the absolute latest design, enabling Geos Group Ltd. and their clients access to the most efficient and sustainable transport solution available in this segment.“
“We always strive to meet our customers’ various demands with tailor made solutions,” added Johan Källsson, Managing Director, Erik Thun AB.
“In these special times, we are especially happy to be able to deliver on that promise with a purpose built tanker for our close partner Geos Group Ltd.”
”As a company we are very confident that our long term partnership with Thun Tankers BV will provide us with a fleet of versatile tankers to carry on providing our clients with the service that is required,” said Barry Newton, Managing Director, Geos Group Ltd.
“To have two NaabsaMAX vessels at our disposal will mean that we are able to grow our position in the market and continue to provide shipping solutions that make us more versatile for our customers, offering flexibility and access to niche ports around the UK, as well as ensuring our fleet is current and at the forefront of design.”
Thun Tankers BV shared the following new tanker details:
| Delivery NaabsaMAX 1 | November 2020 |
| Delivery NaabsaMAX 2 | May 2022 |
| Dwt | 4,250 MT |
| Cubic (98%) | 4,800 m3 |
| Cargo Heating | Yes |
| IMO | Type II |
| LoA | 79.9 m |
| Beam | 15 m |
| Coating | Jotun Flexline |
Photo credit: Thun Tankers
Published: 14 May, 2020
Developments took place after the announcement of $200 million account discrepancy on Monday.
Incentra ‘very satisfied’ with excellent cooperation with the marine lubricants company, says spokesman.
MASH Energy is planning scaling operations to produce enough oil to make it feasible for ship engines.
Though Argentinian VLSFO production was up by 8.7%, data shows exports declined to serve domestic VLSFO bunker fuel demand that increased by 147,660t in Q1.
Director Evan Lim said OTPL was exposed to USD 2.67 billion whereas EY found these claims amounted to USD 984 million, reports The Business Times.
Bursa Malaysia to suspend, delist the company as it was unable to meet a proposed regularisation plan.
‘Generally, you have to heat VLSFOs to prevent waxing, but the more you heat them the lower the shelf life is going to be,’ Dr Malcolm Cooper, the Group Managing Director of VPS, tells Manifold Times.
Current low prices for road and aviation fuels in September could mean another increase of flashpoint off-spec cases for MGO when players start introducing the products back into the bunker stream.
Some bunker suppliers at various ports have even achieved their sales target for the year; the trend doesn't seem to be slowing down and suppliers are expecting a boom during end of September.
The company has entered a memorandum of agreement with Millenium Satu Ltd to acquire the 7,550 dwt oil tanker to increase service flexibility; vessel will be paid over an installment period of 36 months.
Deloitte & Touche JMs believe IPP has a viable claim against Dr Goh Jin Hian for breaches of his director’s duties to act with skill, care and diligence which he owned to IPP, states court document.
An earlier MPA notice outlined precautionary measures for personnel to observe when conducting marine refuelling operations at port in order to minimise the risk of contracting Covid-19.
