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>

Events>

<< Jan 2020 >>
MTWTFSS
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 31 1 2

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 >

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >

2nd GREENTECH IN SHIPPING GLOBAL FORUM

Forum you will find out from the regulators, government bodies and major ports’ representatives what the near…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >