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Hayfin orders 2+2 methanol-ready Suezmaxes at HHI

Photo: Pixabay Signing contract
Shipping investor Hayfin has placed an order for up to four ‘enhanced methanol ready’ Suezmax tankers at South Korean shipbuilder Hyundai Heavy Industries (HHI).

The contract includes two firm 158,000-dwt tankers and options for two more sister vessels. The two firm vessels are being built at a price of $171 million , and the units are slated for delivery by March 2026.

“The newbuild programme is part of Hayfin’s investment focus in carbon-efficient assets across critical downstream commodity supply chains,” said Andreas Povlsen, Head of Maritime at Hayfin Capital Management.

Hayfin has an alternative investment platform with $32 billion worth of assets under management.

Hayfin said that the investment aligns with successful co-investments in emissions abatement technology made together with charterers, like the recently announced Greenheart partnership with Njord and Marsoft.

As part of the partnership, Njord will design a bespoke package of fuel-saving technologies on, initially, four Greenheart-owned vessels, to achieve fuel and emission cuts of between seven and 16% vessel.

“These investments have been made on assets with longer term-charters and are designed to provide the end user community with a more carbon-efficient asset base, supporting the evolution towards a sustainable global infrastructure complex,” the company said in a statement.