Broström Modernizes its European Product Tanker Fleet

Monday, December 15, 2003
Broström has placed an order for the building of four 14,500 deadweight product- and chemicaltankers. The order secures Broström's position as being a significant transportation service provider to customers in the intra European trade of oil products. The vessels will be built by Jinling Shipyard, Nanjing, China and delivered in 2006 and 2007. Broström employs 37 tankers in European trade and transports more than 20 million tonnes of oil products per year. 18 of the ships are of intermediate size (10,000-20,000 dwt) and employed in North West Europe. Four of the ships of the latter segment were built in the late 80'ies and even if these ships can trade up to year 2014 according to EU's new rules Broström has decided to replace the ships by modern and more efficient tonnage. Environmental issues have been one of the most important issues in the development and designing of the vessels. Redundancy in propulsion and the cleaning of NOx and SOx are vital ingredients in this respect. Further concentration has been made on technical solutions related to safety, cargo handling productivity and manoeuvrability. For more technical details see below. The Broström Group operates presently a fleet of 65 product and chemical tankers from 4,000 to 80,000 dwt with an average age of 7 years. "By this investment Broström secures the position as being the largest provider of transportation services to customers in the European trade. Broström's capacity in product tanker shipping is covered to a great extent by Contracts of Affreightment. The design of the new ships and choice of features give Broström a competitive edge", states Broström CEO Lennart Simonsson.
Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Tanker Trends

HSH Bank to Split Off Bad Shipping Loans

German lender HSH Nordbank could split off a "bad bank" for non-performing shipping loans as part of a plan to create a sustainable business model, according to a person familiar with the matter.

Gail to Sell LNG Supplies from US to Shell?

GAIL (India) Ltd has signed a preliminary deal with Royal Dutch Shell for the potential sale of liquefied natural gas (LNG) supply sourced from its portfolio, made up of US production,

How Do You Lose 100 Million Barrels of Oil?

Oil-market watchers are struggling to reconcile the large estimated oversupply in the market with the much smaller buildup of reported inventories and narrowing contango in futures prices.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Port Authority Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | 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: 0.1119 sec (9 req/sec)