22
Thu, May

Atlas Maritime and EMF hail new tanker delivery under $1B fleet renewal program

Atlas Maritime and EMF hail new tanker delivery under $1B fleet renewal program

Green Energy
Atlas Maritime and EMF hail new tanker delivery under $1B fleet renewal program

International shipping company Atlas Maritime and fund management company European Maritime Finance (EMF) have taken delivery of their eighth eco Aframax/LR2 tanker from South Korean shipbuilder Daehan Shipbuilding.

Courtesy of EMF

The newbuild is a 115,000 dwt scrubber-fitted LR2 tanker featuring Daehan’s latest “super eco” specifications.

It is a part of the $1 billion newbuilding program, which includes a series of 17 high-efficiency, low-emission vessels ordered by Atlas in partnership with EMF.

According to the companies, this is “one of the most ambitious privately backed fleet renewal initiatives in the global tanker sector”, focusing on next-generation tonnage aligned with tightening IMO regulations and rising charterer ESG expectations.

Atlas Maritime and EMF expect the remaining vessels in the program to be delivered on schedule through 2025 and 2026. Several tankers have already been delivered

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