Thun Tankers orders a second NaabsaMAX product tanker and pens long-term agreement with Geos Group Ltd

Thun Tankers BV has placed an order for a second 4,250-deadweight product tanker. The ordered tanker will be delivered May 2022 and will, together with her previously ordered sister, enter into a long-term agreement with UK based Geos Group Ltd.

Both vessels will be built to NAABSA (Not Always Afloat But Safely Aground) design requirements, meaning the pair will be able to call tidal restricted niche ports. Thun’s long experience of building resource-efficient, high-quality vessels have been used in the design process. Focus has been to maximize the vessel’s cargo intake and increase in-port performance; with the scope to allow further increased cargo lot sizes going into restricted niche ports. Resource efficiency, new regulations and environmental care have been key in the development of the new vessel.

“With two high-quality NaabsaMAX size tankers we can offer increased flexibility in this niche segment. These tankers will be built to the absolutely latest design, enabling Geos Group Ltd and their clients access to the most efficient and sustainable transport solution available in this segment, said Joakim Lund, CCO, Thun Tankers BV.

The two new-buildings are being built by Scheepswerf Ferus Smit BV in the Netherlands, with whom the Erik Thun Group has a longstanding relationship. The shipyard has previously built more than 35 vessels for the Erik Thun Group.

“We always strive to meet our customers’ various demands with tailor-made solutions. In these special times, we are especially happy to be able to deliver on that promise with a purpose-built tanker for our close partner Geos Group Ltd,” stated Johan Källsson, Managing Director, Erik Thun AB.

Barry Newton, Managing Director, Geos Group Ltd added: ”As a company we are very confident that our long term partnership with Thun Tankers BV will provide us with a fleet of versatile tankers to carry on providing our clients with the service that is required. To have two NaabsaMAX vessels at our disposal will mean that we are able to grow our position in the market and continue to provide shipping solutions that make us more versatile for our customers, offering flexibility and access to niche ports around the UK, as well as ensuring our fleet is current and at the forefront of design.”