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Hammonia Reederei diversifies into tanker sector with resale suezmax acquisition

German owner Hammonia Reederei has diversified into the tanker sector with the acquisition of a resale 157,000 dwt suezmax tanker from Yangzijiang Shipbuilding.

According to VesselsValue data, the vessel (hull 1161) was originally ordered by Frontline at Rongsheng Heavy Industries in 2010 and Yangzijiang Shipbuilding took over the unfinished vessel after Rongsheng went bankrupt.

The vessel is still under construction at Yangzijiang and delivery is scheduled in May this year. The resale price is $52.5m.

It will be the first tanker in Hammonia’s fleet, which is now made up of five MPPs and seven containerships.

 

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Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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