Navig8 Concludes Transaction with Leonhardt & Blumberg for Six Newbuild IMO2 MR Vessels

Navig8 is pleased to announce the conclusion of a significant transaction with shipowner Leonhardt & Blumberg for six newbuild Marineline IMO2 MR vessels. The vessels will be commercially managed by Navig8 under a combination of time-charter and pooling agreements and will trade within Navig8’s IMO2 MR Pool, Gamma8.

 

With the delivery of these vessels, the Gamma8 fleet will expand to 25 vessels in 2026 and to 29 vessels in 2027, further strengthening Navig8’s position in the IMO2 MR segment. While specific transaction details remain confidential, Navig8 confirms that the agreement has been successfully concluded.

 

Commenting on the transaction, Nicolas Busch, CEO of Navig8, said:

“We are pleased to welcome Leonhardt & Blumberg as a new partner, further strengthening our presence in the IMO2 segment. This transaction reflects our strong conviction in the fundamentals of the IMO2 market and our confidence in Gamma8’s ability to deliver enhanced value and earnings performance.”

 

For media inquiries, please contact: media@navig8group.com 

 

Byzantine joins the Eco MR Pool

We are delighted to announce that Byzantine have committed the Katherine Lady to the Eco MR Pool. The vessel delivered in October 2023, which brings the total number of Eco MR vessels under Navig8’s management to 13.

 

Vessel: Katherine Lady


Yard: Hyundai Mipo


Delivery: October 2023


Deadweight: 49,999

 

Navig8 commits 4 LR1s to the LR8 Pool

We are delighted to announce that the Navig8 Messi, Navig8 Montiel, Navig8 Martinez and Navig8 Macallister have joined the LR8 Pool.

 

Vessel: Navig8 Macallister


Yard: DSIC


Deadweight: 75,618

 

Vessel: Navig8 Martinez


Yard: DSIC


Deadweight: 76,547

 

Vessel: Navig8 Ma


Yard: DSIC


Deadweight: 75,618

 

Vessel: Navig8 Montiel


Yard: DSIC


Deadweight: 69,999

 

Three new-build LR2s join Navig8’s fleet

Wishing all of our clients and partners a very Happy New Year! As we look ahead to a strong 2023, we are delighted to announce the addition of the following new-build scrubber fitted LR2s to the Navig8 fleet:

 

Navig8 Pride LHJ:  Delivering ex New Times 06-Jan-2023

Navig8 Wolf: Delivering ex Daehan 09-Jan-2023

Navig8 Providence: Delivering ex New Times 01-April-2023

DSD Shipping joins the Eco MR Pool

We are delighted to announce that DSD Shipping have committed two vessels, Stavanger Pioneer and Stavanger Poseidon, to the Eco MR Pool. Both ships delivered in December 2022, which brings the total number of eco MR vessels under Navig8’s management to 13.

 

Vessel: Stavanger Pioneer


Yard: Hyundai Vinashin


Delivery: December 2022


Deadweight: 49,999

 

Vessel: Stavanger Poseidon


Yard: Hyundai Vinashin


Delivery: December 2022


Deadweight: 49,999