Trafigura takes first of 35 tankers

Trafigura takes first of 35 tankers

At a naming ceremony yesterday for a suezmax ship, commodities giant Trafigura revealed it has exercised options for three more tankers.

The Mt Marlin Singapore, a 150,000 dwt suezmax, was christened at Hyundai Samho Heavy Industries in South Korea. Trafigura stated in a release yesterday the vessel was the first of 35 it has contracted, three more than the 32 it initially announced in June 2017.

“The order for the 35 newbuild vessels that includes Medium Range (MR) tankers, LR2s and Suezmax tankers has been placed by a close Asian financial partner and the vessels are being leased on delivery to Trafigura with options to purchase at a later stage. Vessels are being delivered from today and throughout 2019, with the majority of vessels being delivered in the first quarter of 2019,” Trafigura stated in a release yesterday. All the ships will fly the Singapore flag.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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