Petroleum products shipping company Navig8 Product Tankers Inc. has taken delivery of a 74,000 dwt LR1 tanker, the Navig8 Prestige, from South Korean shipbuilder SPP Shipbuilding.
Navig8 Prestige is the last of four vessels contracted at SPP to be delivered to the company.
The tanker will be entered into and operated in Navig8 Group’s LR8 commercial pool, according to the company.
Navig8 Prestige is the second and last vessel to be delivered under the USD 66 million senior secured loan facility entered into with ABN AMRO Bank, Singapore Branch on July 19, 2016.
