Denmark’s Uni-Tankers has found a buyer for two clean tankers at well above valuation estimates.
European brokers said the subsidiary of United Shipping & Trading Company (USTC) had offloaded the 18,000-dwt Jutlandia Swan and Selandia Swan (both built 2008) to Germany’s Carl F Peters.
The Turkish-built ships fetched $11.6m and $12.4m, respectively, with special surveys due.
VesselsValue assesses the ships as worth $9.2m and $9.8m each.
Uni-Tankers told TradeWinds it could not comment on the transaction until final contracts were signed. Carl F Peters had not responded to TradeWinds’ request for comment.
The German company is listed with six other product tankers built between 2003 and 2008
The sale would leave Uni-Tankers with 15 other owned vessels. It charters in another 27.
The owned fleet was worth $119m before the sale.
Uni-Tankers is not a frequent user of sale-and-purchase brokers.
It bought and sold one tanker in 2019, its only secondhand deal since 2014.
ESG on the agenda
The bulk of the fleet dates from 2005, 2006 and 2007, although the newest ship is from 2010.
The company has this week unveiled its first sustainability report.
In this document, the owner said that 12 Uni-Tankers vessels are now fully compliant with the International Maritime Organization’s Energy Efficiency Existing Ship Index (EEXI).
The remaining five owned ships will achieve compliance well ahead of the 1 January 2023 deadline, the owner added.
The Annual Efficiency Ratio (AER) for the owned tankers last year showed a 33% reduction in CO2 emissions compared to a 2008 baseline.
The group teamed up with Danish company Frugal Technologies to install intelligent engine software on the 4,750-dwt Endelo Swan (built 2007) in 2020.
Uni-Tankers has managed to reduce the amount of fuel consumed by the tanker by 12.2% over a period of 10 months.