Maersk Tankers seals deal to sell six Maersk Product Tankers-owned LR2 vessels

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Press release

Maersk Tankers has on behalf of Maersk Product Tankers entered an agreement for the sale of six new Long-Range 2 (LR2) product tankers in an en-bloc transaction.

The transaction happens in line with Maersk Product Tankers’ asset strategy of continually adjusting the fleet size and composition to generate financial returns for investors and keeping exposure in line with market developments. 

“We are pleased to realise this opportunity for Maersk Product Tankers and be able to respond to the buyer’s demand for new and high-quality tonnage. The transaction has been made possible due to our team’s vast market insight, expertise and relationships, which we will continue to utilise to pursue further asset opportunities for investors,” says Claus Gronborg, Chief Investment Officer at Maersk Tankers. 

One of the vessels is built in 2020 while the remaining five are or will be built in 2021. All vessels are built at Dalian shipyard in China. 

About Maersk Tankers

Maersk Tankers and affiliated companies operate one of the largest tanker fleets in the world through direct ownership and commercial management solutions for shipowners. Our purpose is to pioneer shipping solutions for our customers, partners, and the planet. Founded in 1928, we have a century of expertise in management of tankers, which we use to develop and deploy solutions that help shipowners boost the economic and environmental performance of their vessels. Maersk Tankers employs approximately 300 people and is headquartered in Copenhagen, Denmark. Maersk Tankers is owned by A.P. Moller Holding. Additional information is available at www.maersktankers.com.

Juliane von Wiren