Megacore Shipping Gets Tankers, Adds Partner
Omega Navigation Enterprises, Inc. (NASDAQ:ONAV), a provider of Marine Transportation services specializing in product tankers, announced that Megacore Shipping Ltd., its previously announced joint venture with a wholly owned subsidiary of Glencore International AG, has taken delivery from Hyundai Mipo Dockyard in S. Korea of the Megacore Philomena during the fourth quarter of 2010 and of the Megacore Pacifica and the Megacore Philothea during January 2011, each a 74,000 dwt. coated Panamax product carrier. Megacore Shipping Ltd. has contracted to acquire two Handysize double hull chemical / product tankers and seven Panamax double hull product tankers to be constructed at Hyundai Mipo Dockyard in South Korea. The two handysize vessels, the 37,000 dwt.
Hellespont Pride is Named
Hellespont Hammonia completed the naming of the Hellespont Pride, one of six tankers under construction for the company at New Century Shipbuilding Co Ltd in Jingjiang, China. The panamax product carrier, the first in the series originally ordered by Seatramp Tankers Inc. in 2004, was named by Nathalie Baroness von Oldershausen, wife of the managing director of the Hamburg-based KG house, Hanseatische Capital Invest (HCI), which is financing this series of vessels for the owners. The mortgagee is HSH Nordbank. Charterers of the Hellespont Pride are The Sanko Steamship Co Ltd. of Tokyo, Japan. The vessel will be managed by Hellespont Hammonia GmbH & Co KG. The 38,000 grt Hellespont Pride has an LOA of 228.60 m and a deadweight of 73,400 tonnes at a scantling draft of 14.3 m.
