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THUN ORDERS A SECOND NAABSA PRODUCT TANKER

Thursday, May 14, 2020 

Thun Tankers BV, the Dutch subsidiary of Swedish company Erik Thun Group, has placed an order for a second 4,250 dwt product tanker, built to 'NAABSA' (Not Always Afloat But Safely Aground) design.

The new vessel will be delivered in May 2022 by Scheepswerf Ferus Smit and will be a sister to a previously ordered vessel, scheduled for handover later this year. Both will enter into a long-term agreement with UK based Geos Group. The NAABSA design permits calling at tidally restricted niche ports. The design focus was maximum cargo intake and increased in-port performance, in particular to allow further increased cargo lot sizes going into restricted ports. As well as resource efficiency, the ships have been designed to comply with new regulations and current environmental care standards. Scheepswerf Ferus Smit has previously built some 35 vessels for the Erik Thun Group.

”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.

“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,” said Johan Källsson, MD, Erik Thun AB

Barry Newton, MD Geos Group, said: "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.”

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