Hong Kong and Vancouver-based tanker operator Valles Steamship will take delivery of its latest tanker newbuilding, the 109,229 dwt Searanger next March.
Hong Kong and Vancouver-based tanker operator Valles Steamship will take delivery of its latest tanker newbuilding, the 109,229 dwt Searanger next March from Shanghai"s Hudong Zhonghua Shipbuilding.
The 243m long ship has been chartered for five years to French oil major Total Oil and is expected to ply Middle East and transpacific routes.
The vessel, which is believed to have cost Valles Steamship around $70m, is the third of four aframax tankers ordered from Hudong Zhonghua.
The first, Seaheritage, was delivered in 2005, while the second Seamaster followed a year later. The fourth tanker in the series will be delivered next year.
All will fly the Hong Kong flag and be classed by ABS.
The Searanger, which has recently been launched, will take the total number of aframax tankers in the Valles fleet to nine.
Valles Steamship, which is one of the largely privately owned aframax tanker owners in Asia, broke with tradition when it first ordered aframax tankers at the Shanghai yard. Previously, Valles had ordered its aframax newbuildings in Japan, particularly at Imabari and Namura.
Hong Kong Marine Department director Roger Tupper said the Searanger took the total number of vessels on the Hong Kong shipping register to 1,360 vessels totalling more than 39.9m gt.