The 300,000 dwt vessel, named Seaways Enterprise, was delivered in April 2023, a month after the delivery of the first vessel from the batch, Seaways Endeavor.
International Seaways has one more dual-fuel vessel under construction at DSME and it is expected to deliver in the second quarter of 2023. Each vessel is employed on a long-term time charter with oil major Shell and is financed under a sale and leaseback arrangement with a fixed interest rate of approximately 425 bps. The three LNG-powered VLCCs were ordered in 2021.
