Chevron Buys Suezmax Triplet

Chevron Transport Corporation Ltd. has decided to cut short the bareboat charters signed with California Petroleum Transport Corporation for three suezmaxes: 136,000-dwt Altair Voyager, 157,000-dwt Cygnus Voyager and 156,000-dwt Sirius Voyager.

The three vessels were sold to Chevron in accordance with the provisions of the bareboat charters.

California Petroleum Transport Corporation used the charter hire payments paid in connection with the Early Termination Agreement to redeem the remaining outstanding 8.52% First Preferred Mortgage Notes due 2015.

The tankers were due to be chartered to Chevron until April 1, 2015, but the companies started discussing the early termination in July, 2015.

Share this article

Follow World Maritime News

In Depth>


<< Apr 2020 >>
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 2 3

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

read more >

Belgian Offshore Days 2020

During this event, a conference will be held with focus on “Increasing value by data driven innovation…

read more >

Europort Romania

Europort Romania is the premier maritime networking event of the Black Sea and will connect maritime technology and service suppliers with high level professionals from Romania and surrounding shipbuilding markets.

More info

read more >


The future of the maritime sector is the point of focus during Maritime Industry 2020.

read more >