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Hayfin takes suezmax newbuild tally to four

Hayfin Capital Management has pulled the trigger on two optional methanol-ready suezmax tanker newbuilding slots in South Korea.

The London-headquartered alternative investment platform has firmed up a pair of 158,000 dwt units at HD Hyundai for about $86.2m each, taking its suezmax orderbook at the yard to four.

The options exercised follow the first duo contracted in November last year for around $171m. All ships will be scrubbed-fitted and should be delivered in 2026.

Hayfin, which plans to invest in up to $1bn worth of quality shipping assets, has also recently made headlines in the dry bulk sector with an order for two post-panamaxes at Oshima Shipbuilding in Japan for delivery in 2026 and backed by a long-term charter to an international energy trader.

In related news for suezmax orders, Eastern Pacific Shipping has been placed behind one LNG dual-fuel 155,000 dwt unit at New Times in China for delivery in December 2025. Banchero Costa noted it is still not confirmed whether it is a resale of a slot or an entirely new deal, but the Genoa-based broking house added that “slots with such short delivery times are now more than rare”.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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