United Arab Chemical Carriers adds two

United Arab Chemical Carriers adds two

Brokers report that United Arab Chemical Carriers has opened its wallet, adding two modern chemical tankers.

Brokers say the Dubai-headquartered outfit has paid $ 37.5m each for two similar sized vessels.

The first ship – circulated sold last week – was the two-year-old TRF Oslo, built at Shina Shipbuilding in South Korea. Now it emerges that the slightly bigger TRF Bergen, built at Hyundai Vinashin in Vietnam, has also been sold.

TRF Oslo is 45,562 dwt, while TRF Bergen is some 2,000 dwt bigger.

The two ships appear ideal for the UACC fleet profile which currently controls and operates a fleet of more than 20 modern medium range and panamax sized chemical and product tankers.

According to the fleet lists, Splash has access to, the seller, American Transportation Recovery Fund (TRF) has a sting of modern ships and is also awaiting on VLCCs and cape newbuilings to be delivered.


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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