9/25/2007

Stena President delivered from Brodosplit

The first P-MAX tanker was delivered in December, 2005, and delivery of the tenth unit is planned for 2010. The Stena President’s sister, the Stena Primorsk, delivered in 2006, was also signed to a 10-year charter with Argo Shipping. The Stena Performance has been chartered by US company Hess for traffic between the Caribbean and the US East Coast and French TOTAL has chartered four P-MAX tankers (two of which have been delivered). Employment has yet to be found for three of the tankers to be delivered in 2009-2010.

The P-MAX tankers have the following technical data: Length: 183 m, breadth: 40 m, draft (design): 11.3 m, deadweight: 65,200 tons and cargo volume: 68,900 m³.