Maersk Product Tankers has placed an order at Dalian Shipbuilding Industry (DSIC) for the construction of four LR2 tankers, taking its orderbook at the yard to 10 in total.
The company took advantage of competitive asset prices and ordered six LR2 tankers at DSIC last year. The order is part of an ongoing fleet renewal programme in the LR2 segment.
“We are building the LR2s to ensure we have a portfolio of vessels that best fits our customers’ demands. The newbuildings will help us sustain a competitive fleet in a segment that is attractive to customers and owners alike, and to retain a strong market position,” said Søren Meyer, chief asset officer at Maersk Tankers.
The 10 vessels are set to join the company’s fleet from 2020 to 2022 and will come under Maersk Tankers’ commercial, technical and corporate management.
Maersk Product Tankers is owned by A.P. Møller Holding and Mitsui & Co, and the company currently owns more than 80 vessels.