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LR1 acquisition takes the Beks fleet to 40 ships

Photo of Hans Thaulow Hans ThaulowJune 26, 2023
1,020 Less than a minute
BEKS

Turkey’s Beks Ship Management ascends to the 40-ship mark with its latest purchase.

Tycoon Ali Bekmezci has tabled some $18m for an LR1 tanker, adding the 2005-built, 75,000 dwt Faros from Greece’s Benetech Shipping.

For comparison, Beks added a sister ship, named Gulf Pearl, and subsequently renamed Beks Bebek for $20.4m in May.

Beks Ship Management is the most active Turkish player in the secondhand market. This year, the outfit has had 10 ships coming in and one ship shipped out.

In April, online pricing portal VesselsValue estimated that Beks’ fleet was valued at just under $700m. Now its fleet is valued at $782m.

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Photo of Hans Thaulow Hans ThaulowJune 26, 2023
1,020 Less than a minute
Photo of Hans Thaulow

Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.
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