TOP Ships Takes Delivery of Supertanker M/T Legio X Equestris

March 2, 2022

Tanker operator TOP Ships said Wednesday it had taken delivery of the "very high specification" scrubber fitted, 300,000 dwt newbuilding Very Large Crude Oil Carrier (VLCC) vessel M/T Legio X Equestris.

Built at the Hyundai Heavy Industries shipyard in South Korea, the vessel is gearing up to start its previously announced time charter in a few days.

Credit: TOP Ships
Credit: TOP Ships

The charter is with an unnamed major oil trader. The contract is for three years with two yearly extensions at the charterer’s option. 

"The revenue backlog expected to be generated by this fixture, assuming all options are exercised, is about $68.5 million. For 2022 alone, this charter is expected to contribute $10.8 million in revenue," TOP Ships said.

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