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Tagged in LR2
TEN Ltd. Announces the Sale of a 2006-Built LR2 Product Tanker
TEN, Ltd. (TEN) (NYSE: TNP) today announced the sale of a 2006-built LR2 Аframax tanker, one of the largest product tankers in the world at the time of its construction, to unrelated entities. This sale will generate the Company $7.1 million of free …
Apr 28, 2022 / Vessels
Scorpio Tankers Inc. Announces Agreements to Sell Three Vessels
Scorpio Tankers Inc. (NYSE:STNG) (Scorpio Tankers) announces that the Company has entered into agreements to sell three vessels (two LR2s and one MR).The sale price of the two LR2s (2015 built STI Savile Row and STI Carnaby) is $86.0 million in …
Mar 28, 2022 / Vessels
Ocean Yield announces investment in two LR2 product tankers with long-term charters
Ocean Yield ASA (Ocean Yield) announced on Monday (Dec13) that the Company will invest in two modern LR2 product tankers with 10-year bareboat charters to Scorpio Tankers Inc. (Scorpio Tankers) with purchase obligations at the end of the …
Dec 15, 2021 / Finance
SFL acquires four LR2 product tankers in combination with long term charters
SFL Corporation Ltd. (NYSE: SFL) (SFL) announced today that it has agreed to acquire four modern Aframax LR2 product tankers for an aggregate purchase price of $160 million in combination with long term time charters to a subsidiary of Trafigura, a …
Nov 23, 2021 / Vessels
Frontline announces sale of four LR2 tankers
Frontline Ltd. (Frontline) (NYSE: FRO - OSE: FRO) on Monday announced that it has entered into an agreement whereby the Company will sell four of its scrubber fitted LR2 tankers built in 2014 and 2015 for an aggregate sale price of $160.0 million to …
Nov 23, 2021 / Curious
First DNV SILENT-E class notation awarded to a merchant vessel
Canadian seaports offer attractive port fee reductions to vessels which comply with eco-friendly underwater noise standards. The LR2 crude oil tanker newbuild ONEX Peace is the world’s first cargo vessel to earn DNV’s SILENT-E class notation, which …
Jun 16, 2021 / Vessels
TORM purchases three 2015-built scrubber-fitted LR2 vessels
TORM has today entered into an agreement to purchase the three 2015-built scrubber-fitted and fuel-efficient LR2 vessels Nissos Schinoussa, Nissos Heraclea and Nissos Therassia from Okeanis Eco Tankers Corp. for a total consideration of USD 120.8m. …
May 12, 2021 / Vessels
Castor Maritime Inc. Announces the En Bloc Acquisition of a Tanker Fleet Consisting of 5 Vessels
Castor Maritime Inc. (NASDAQ: CTRM), (Castor), a diversified global shipping company, announces that it entered, through five separate wholly-owned subsidiaries, into agreements to acquire two 2006 Korean-built MR1 tankers, two 2004 Korean-built …
May 7, 2021 / Curious
Maersk Tankers seals deal to sell six Maersk Product Tankers-owned LR2 vessels
Maersk Tankers has on behalf of Maersk Product Tankers entered an agreement for the sale of six new Long-Range 2 (LR2) product tankers in an en-bloc transaction.The transaction happens in line with Maersk Product Tankers’ asset strategy of …
Apr 15, 2021 / Curious
Eco Marine Power Commences Feasibility Study to Install Aquarius MRE on Tanker
Zero-emission power and propulsion system for ships being prepared for installation.In another major step towards commercializing its Aquarius Marine Renewable Energy (Aquarius MRE®) solution, Eco Marine Power (EMP) announced today that it had …
Apr 30, 2020 / Curious