Fifth Newbuilding Joins Navig8 Chemical Tankers’ Fleet

Image for illustrative purposes only; Image Courtesy: Navig8 Chemical Tankers

Navig8 Chemical Tankers, a joint venture between the Navig8 Group and Oaktree Capital Management, has taken delivery of the Navig8 Saiph, a 25,000 dwt stainless steel chemical tanker, from Japanese shipbuilder Kitanihon Shipbuilding.

The Navig8 Saiph is the fifth of six vessels ordered by the company from Kitanihon.

In addition, the tanker is the first of two vessels to be partially financed under the secured loan facility with UniCredit Bank announced in November 2016.

The 16,000 gross ton Navig8 Saiph will be entered into and operated in the company’s Stainless8 pool.

In October 2016, Navig8 Chemical Tankers took delivery of the fourth of six 25,000 dwt stainless steel chemical tankers contracted at Kitanihon Shipbuilding.

The construction of the Navig8 Sceptrum, the sixth tanker from the batch, is expected to be completed this year, according to data provided by VesselsValue.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Apr 2017 >>
MTWTFSS
27 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

9th Annual: UK Ports Conference 2017

The UK Ports Conference returns for the ninth year to provide the latest insights for the ports, shipping and maritime sectors, reviewing…

read more >

Singapore Maritime Week 2017

Singapore Maritime Week (SMW) is the leading maritime event in Singapore. Driven by the Maritime and Port Authority of Singapore (MPA), SMW…

read more >

Sea Asia 2017

Sea Asia, the premier maritime and offshore conference and exhibition in Asia is returning for the 6th edition on 25-27 April 2017 at the Marine Bay Sands® Singapore.

read more >

THE 30TH WORLD PORTS CONFERENCE Enabling Trade Energizing The World

This event is expected to have more than 500 attendees from the field of port, logistics, shipping and maritime industry…

read more >