Four Wah Kwong Ships to Join Navig8’s V8 Pool

Illustration; Image Courtesy: Teekay

Hong Kong-based ship owner and operator Wah Kwong Shipping has decided to commit four of its Aframax tanker newbuildings to Navig8 Group’s V8 Pool.

The company’s 112,000 dwt Unity Venture and Wisdom Venture, currently under construction at Japan’s shipyard Sumitomo, are expected to join the pool following delivery in February and May 2017, respectively.

These two newbuildings are in addition to the 115,000 dwt Victory Venture and Tenacity Venture, built by Chinese Shanghai Waigaoqiao Shipbuilding, due to deliver ex yard in February and April 2017, according to Navig8 Group.

With a market value in the range from USD 37.5 million to USD 40 million, the new tankers feature a length of 237 and 247 meters, respectively, and a width of 44 meters.

Including the new Aframaxes, Navig8’s pool counts a total of 20 vessels, built between 2002 and 2017, the company’s data shows.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Sep 2017 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

INMEX SMM India 2017

Combining the forces of Maritime industry’s two biggest events, the unified edition of INMEX SMM India brought together the most exclusive…

read more >

LIQUEFACTION OF BULK CARGOES SEMINAR

GET TO GRIPS WITH:
– Mechanisms behind liquefaction
– Guidelines and regulations for bulk cargoes prone to liquefaction…

read more >

Seatrade Offshore Marine & Workboats Middle East

The largest event for offshore marine and workboat sectors in the region, Seatrade Offshore Marine & Workboats Middle East will, once again, serve as a meeting point for international industry professionals to come together and do business. Our 2017 show promises a wealth of networking opportunities, high-level discussions in our conferences on important industry trends, […]

read more >

The Future-Ready Shipping Conference 2017

The Future-Ready Shipping Conference 2017 – the joint Singapore-IMO International Conference on Maritime Technology Transfer and Capacity-Building…

read more >