7.8 C
Hamburg
Saturday, May 17, 2025
Home Out of the Box BP sells six MR tankers for US$200M

BP sells six MR tankers for US$200M

BP is reportedly divesting six medium-range (MR) tankers in a deal valued at around US$200 million.

The vessels include British Cadet, British Captain, British Chief, British Officer, British Engineer (all built in 2017), and British Sailor (built in 2016).

According to brokers, the ships attracted multiple offers over the past two weeks. Although the ownership transfer has been completed, the identity of the buyer has yet to be disclosed.



The 57,000-deadweight-ton vessels were built by Hyundai Mipo and are currently listed under the ownership of ICBC Financial Leasing. VesselsValue data indicates that the tankers were originally sold to ICBC in 2015 under a 10-year bareboat charter agreement and subsequently leased back to BP.

Several Greek shipping firms, including Tsakos, have been rumored as potential buyers.

BP Shipping operates a mix of owned and leased vessels to manage its global energy logistics, typically relying on time charters while maintaining a smaller fleet under its own branding.





Latest Posts

Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...

US sanctions target Iran-China oil trade, stirring waves across global shipping

As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...
error: Content is protected !!