Energifonden Maritime swoops for LR2 tanker

Sweden’s Energifonden Maritime has recently taken delivery of an LR2 aframax vessel. The vessel has been renamed Agneta Pallas. The takeover of the 2006-built ship, previously called Dubai Horizon, took place at a shipyard in Istanbul where the vessel underwent a special survey and a ballast water treatment system was installed. The vessel has now entered into a charter with Malaysia’s AET. No price for the ship has been revealed.

“I am happy and grateful that Energifonden Maritime was able to carry out this deal and according to our analysis the market will recover strongly for this type of vessel due to a very low orderbook and scrapping of older tonnage and future tougher environmental and emissions regulations together with higher oil consumption like pre-Covid,” commented Fredrik Johansson, CEO and owner of parent Energifonden Sverige.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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