Blue Marine Acquires Tankers for PEMEX Refinación

Tuesday, August 19, 2008

Blue Marine Shipping, has acquired two new tankers that shall be leased by PEMEX Refinación for the next 10 years.  On May 30, Blue Marine awarded two out of the five tender agreements in which PEMEX Refinación invited tenders in order to improve its fleet. The cost of these two new tankers, African Future and Torm Wabash, reached 85.8 million and 98.4 million dollars respectively. The tankers were previously owned by the Torm and Delmod Marine Companies, with which Blue Marine executed a buy-sell agreement.

Both tankers fulfill the recommendation of the International Maritime Organization, which establishes that ships without double hull, double bottom, or double side, shall be removed after 25 years. Thanks to this double structure, better operative conditions are guaranteed, as well as industrial safety and environmental protection, which are the main reasons for PEMEX Refinación to renew its current fleet.

 

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Tanker Trends

Atlantic Gas Swings Keep LNG Traders Guessing

MILAN, Feb 26 (Reuters) - Atlantic natural gas markets are seeing some of the biggest price swings in years as volatile European trade, freezing U.S. weather

Greek Banks Mull Cutting Shipping Portfolios

Greece's leading banks are considering offloading part of their portfolios of shipping debt worth billions of dollars in a bid to shore up their capital, according

Philly Tankers Lines Up Charters

Philly Tankers AS announced today that its wholly owned U.S. subsidiary, Philly Tankers LLC, has entered into binding long-term time charter contracts with a domestic end-user for the two 50,

 
 
Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2698 sec (4 req/sec)