Maritime news

Monitor breaking maritime news and insights for profitable, efficient and safe shipping.

Tagged in LR2

SFL - Acquisition of three newbuild LR2 product tankers in combination with long term charters

SFL Corporation Ltd. (NYSE: SFL) (SFL) announced today that it has agreed to acquire three new LR2 product tankers for an aggregate purchase price of approximately $230 million in combination with long term time charters to a world-leading energy and …
Mar 20, 2024 / Curious

TORM purchases eight LR2 vessels

On 09 November 2023, TORM has entered into an agreement to acquire eight second-hand LR2 vessels that are expected to be delivered in late Q4 2023 and in Q1 2024 for a total consideration of USD 399m, with a cash consideration of USD 239m and the …
Nov 9, 2023 / Vessels

United Maritime Announces Sale of its Remaining Tanker for a Substantial Profit and Acquisition of a Panamax Vessel

United Maritime Corporation (United) (NASDAQ: USEA), announced that it has entered into an agreement with an unaffiliated third party for the sale of its remaining LR2 tanker vessel, the 2008-built M/T Epanastasea. The vessel is scheduled to be …
Jul 3, 2023 / Curious

Scorpio Tankers Announces the Exercise of Purchase Options on Six Ships

Scorpio Tankers Inc. (NYSE: STNG) (Scorpio Tankers) announced today that it has exercised the purchase options on six ships. The Company has given notice to exercise its purchase options on two 2016 built LR2 product tankers (STI Grace and STI …
Mar 13, 2023 / Vessels

SKS partners with Signal to expand its LR2 Pool

The Norwegian LR2 owner and operator SKS is opening up its pool to attract third-party LR2 tankers by leveraging Signal’s technological pool infrastructure and data-driven chartering tools. The new setup, named “SKS LR2 Pool - powered by Signal”, has …
Mar 9, 2023 / Curious

Newbuild LNG Additions to the Hafnia Fleet

Hafnia will soon welcome 4 new dual fuel LR2 product tanker additions to Hafnia's fleet. These vessels will be time chartered out to Company's long-standing customers TOTAL Energies (2) and Equinor (2) and are owned by a joint venture of Hafnia and …
Dec 26, 2022 / Curious

Performance Shipping Announces Delivery Of The LR2 Aframax Tanker, mt P Long Beach

Performance Shipping Inc. (NASDAQ: PSHG), a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has taken delivery of the M/T P. Long Beach (formerly “Fos Hamilton”), …
Dec 15, 2022 / Vessels

Performance Shipping Inc. Announces a US$45,000 Per Day Time Charter Contract for 7-10 Months

Performance Shipping Inc. (NASDAQ: PSHG), a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Trafigura Maritime …
Sep 26, 2022 / Vessels

United Maritime Announces Accretive Acquisition of a Fleet of Four Aframax Petroleum Tankers

United Maritime Corporation (United) (NASDAQ: USEA) announced today that it has entered into agreements with unaffiliated third parties to purchase a fleet of four tanker vessels, consisting of two Aframax oil tankers and two LR2 product tankers, …
Jul 11, 2022 / Vessels

Navios Maritime Partners L.P. Announces Acquisition of Four Newbuilding Tanker Vessels and Entry into Two Related Charter Agreements

Navios Maritime Partners L.P. (Navios Partners) (NYSE: NMM), an international owner and operator of dry cargo and tanker vessels, announced today that it agreed to purchase four 115,000 dwt LR2 newbuilding vessels, for a purchase price of $58.5 …
May 5, 2022 / Vessels