Thun Orders New Tanker for Geos Charter

Maritime Activity Reports, Inc.

August 29, 2019

Image: Thun Tankers

Image: Thun Tankers

Swedish shipping company Thun Tankers BV has placed an order for a 4,250 dwt product tanker at Dutch Ferus Smit shipyard.

The ordered tanker will be delivered October 2020 and enter into a long term agreement with UK based Geos Group Ltd, said the coastal shipping company.

The vessel will be built with “NAABSA” – Not Always Afloat But Safely Aground – design being able to call tidal restricted niche ports.

Thun’s long experience of building resource efficient, high quality vessels has been used in the design process.

Focus has been to maximize the vessel´s cargo intake and increase in-port performance; with the scope to allow further increased cargo lot sizes going into restricted niche ports. Resource efficiency, new regulations and environmental care has been key in the development of the new vessel.

The ordered new-building will be built by Scheepswerf Ferus Smit B.V. in the Netherlands, with whom the Erik Thun Group has a longstanding relationship. The shipyard has previously built more than thirty-five vessels for the Erik Thun Group.

"We have identified the demand for improved niche size tankers with increased performance and cargo capacity. This NAABSA-Max tanker will be built to the absolutely latest design, enabling Geos Group Ltd. and their clients’ access to the most efficient transport solution available in this size of shipments," said  Joakim Lund, CCO, Thun Tankers BV.

"We always strive to meet our customers’ various demands with tailor made solutions. With this order we are delivering on that promise with a purpose built tanker for our close partner Geos Group Ltd," said Johan Källsson, Managing Director, Erik Thun AB.

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