March 17

Nordic American Tankers bags another suezmax

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EuropeTankers

New York-listed suezmax specialist Nordic American Tankers (NAT) has confirmed the addition of another 2016 South Korean-built vessel.

The Herbjorn Hansson-led owner and operator has picked up the unnamed tanker in a deal struck in the mid-to-high $60m range, shortly after agreeing to buy a sister vessel from the same owner.

Both ships were built at Sungdong and will be financed through leasebacks with Ocean Yield. The vessels will be delivered into an eight-year bareboat charter to NAT in the second quarter, with a purchase obligation at the end.

S&P sources suggest the deals at $68m each involve Eastern Pacific Shipping’s scrubber-fitted duo Diamondway and Goldway.

Following the latest confirmed transaction, NAT’s fleet on a fully-delivered basis will stand at 21 ships.

Energy News Beat 


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