Maersk Orders Four Product Tankers

Danish ship owner Maersk confirmed it has exercised an option to order four additional product tankers from China's Dalian Shipyard.

The order completes a a series of 10 newbuilds planned for delivery from 2020-2022 as part of Maersk's ongoing fleet renewal program in the LR2 segment. The first six vessels were ordered in May 2018.

Søren C. Meyer, Chief Asset Officer at Maersk Tankers, said, “We are building the LR2s to ensure we have a portfolio of vessels that best fits our customers’ demands. The newbuildings will help us sustain a competitive fleet in a segment that is attractive to customers and owners alike, and to retain a strong market position.”

The vessels will come under Maersk Tankers’ commercial, technical and corporate management.