Top
image credit: Bernard Spragg / Flickr

Maersk Tankers to Grow Its Managed Fleet by 11 Ships

November 21, 2019

Category:

The agreement involves three Suezmax, three MR and five Handy-sized vessels, all built in South Korea between 2016 and 2017.

Under the terms of the agreement, Maersk Tankers will take each vessel from the owner under a bareboat charter arrangement. It will then hire out the vessel to BP under a time charter deal for a period of three years.

As explained, Maersk Tankers will assume full responsibility for operational risks and the technical management of the vessels.

Read More on World Maritime News