Two of the vessels are 35,000 deadweight built in South Korea in 2000. One vessel was delivered on Sept. 10, and the other will be delivered on Sept. 30. Both vessels will be time chartered back to the owner for five years, OMI said.
The other two vessels are 37,000 dwt product carriers under construction in South Korea. Upon delivery in November and March, the vessels will commence three-year time charters.
“We continue our strategy of acquiring vessels for which we can obtain secure, profitable business,” said Craig H. Stevenson, chairman, chief executive officer and president of the Stamford, Conn.-based carrier.
OMI’s fleet comprises 26 vessels: six Suezmax tankers; three Panamax and two handysize crude oil tankers; 14 handysize and handymax product carriers, and one ultra large crude carrier. The company has on order at shipyards two Suezmax and 11 product carriers.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now