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Maersk Tankers orders six LR2 newbuilds from Dalian Shipyard

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Soren Mayer, Maersk Tankers
Danish shipowner Maersk Tankers has started its newbuilding programme with an order for six LR2 product tankers at Dalian Shipyard in China.

Maersk Tankers said its board of directors had approved the order for six LR2 product tankers at Dalian Shipyard, and the company holds options for a further four similar vessels.

No financial details of the order were disclosed, however Maersk Tankers said it was an attractive investment due to “competitive asset prices”. It added that fleet renewal would help the company maintain a competitive fleet.

“Once delivered, the vessels will be under Maersk Tankers’ commercial, technical and corporate management. This increases the scale of the fleet we manage and provides vessel data, contributing to our strategy of delivering industry-leading commercial performance,” said Soren Mayer, chief strategy officer at Maersk Tankers.

The newbuildings are scheduled to be delivered from 2020 over a period of two years.

Maersk Tankers is owned by AP Moller Holdings. AP Moller Holdings acquired Maersk Tankers for $1.17bn in September last year as the Danish shipowner restructuring its publicly listed AP Moller – Maersk to focus on the transport and logistics sector.

Read More: Maersk Tankers stays in the family with $1.17bn acquisition by AP Moller Holdings