TML announced that it has entered into an agreement to sell ten Suezmax tankers built-in 2019 to Frontline, through the sale of a TML special purpose vehicle that holds the vessels.
The G E Shipping took delivery of a Secondhand Suezmax Crude Carrier “Jag Leena” (2010 Built) of about 157,000 dwt.
Leading international classification society Bureau Veritas is to grant GAS-PREPARED notation to six Suezmax tankers under construction for Dynacom Tankers Management.
Totaling $662 million, the acquisition has increased Teekay Tankers’ (TNK) Suezmax fleet from 10 to 22 vessels. It also increased the fleet value to $1.7 billion and reduced its average age by 1.2 years.