Oslo: Eight tankers belonging to Latvian Shipping Company (JSC) will be drydocked in Riga from May to July for $6m worth of repairs and upgrades.
“We are currently focusing on strengthening the areas connected with direct operation of companies, and we continue disposing of assets that are not related to our core business,” said Robert Kirkup, the chairman of JSC.
Up first will be the medium range product tankers Piltene, Usma, Ugale, Targale, Ance and Zemgale.
The vessels Krisjanis Valdemars and Puze have already been completed. Work on the tankers will take place at the Riga dockyard at Vecmīlgrāvis, which is one of the largest dockyards in the Baltic Sea region.
JSC owns and operates 16 vessels as well as technically managing an additional four vessels. The average age of the fleet is seven years.