NAVIG8 Chemical Tankers Takes Delivery Of Its 3rd 49,000 DWT IMO2 Interline-Coated Chemical Tanker From STX

By Vessels

Navig8 Chemical Tankers Inc.(N-OTC: CHEMS), an international shipping company focused on the transportation of chemicals, today announced that it has taken delivery of the Navig8 Tourmaline, a 49,000 DWT IMO2 Interline-coated chemical tanker, from STX Offshore & Shipbuilding Co., Ltd. (STX).

Image: Chemical tanker Navig8 Turquoise the first of four 49,000-dwt chemical tankers delivered from STX shipyard this year

The Navig8 Tourmaline is the third STX vessel to be delivered under the sale and leaseback arrangements entered into with Ocean Yield ASA (Ocean Yield) announced on April 1, 2015. Following delivery from STX, the Navig8 Tourmaline was delivered to Ocean Yield under the terms of the sale MOA and then delivered back to the Company under bareboat charter.

The Navig8 Tourmaline will be entered into and operated in Navig8 Group’s Chronos8 commercial pool.

Source: Navig8