Navig8 Product Tankers Takes Delivery of Two Newbuilding Product Tankers

By Vessels

Navig8 Product Tankers Inc., an international shipping company focused on the transportation of petroleum products, today announced that it has taken delivery of two further product tankers from its newbuilding program - the Navig8 Symphony, a 110,000 DWT LR2 tanker from Sungdong Shipbuilding & Marine Engineering Co., Ltd. and the Navig8 Exceed, a 74,000 DWT LR1 tanker from STX Offshore & Shipbuilding Co., Ltd.

Navig8 Product Tankers Takes Delivery of Two Newbuilding Product Tankers

Oil Products Tanker Navig8 Exceed (Outfitting at STX shipyard in Goseong, Korea) Image: lappino / shipspotting

The Navig8 Symphony and the Navig8 Exceed will operate in Navig8 Group’s Alpha8 and LR8 commercial pools respectively.

Thus far the Company has taken delivery of four LR1 and four LR2 product tanker newbuildings and anticipates that its entire newbuilding fleet will be delivered by the end of 2016.

Source: Navig8 Product Tankers