Norway’s Stolt Tankers has extended its long-term bareboat charters of four chemical tankers owned by compatriot company Brovig, according to brokers.
Stolt Sandpipe, Stolt Redshank, Stolt Sanderling and Stolt Greenshank (all 4,500 dwt, built 2011) all had their contracts extended for a further eight years, commencing today. The daily rates were not disclosed.
The stainless-steel chemical tankers commenced five-year bareboat charters to Stolt in 2011. The charterer has the option to buy the ships once the charter period has been concluded.
Brovig, which is controlled by the family of the same name and investment firm Gezina, quit vessel operation in 2014 to focus on shipowning.
