Neda Maritime has concluded a one-year charter extension for an LR2 product tanker that will see it score an earnings boost.
The Lykiardopulo family-controlled shipowning company, which has three LR2s on the water, has chartered the 109,000-dwt Stellata (built 2016) to Trafigura for another year at $21,500 per day, European brokers said.
The trading house had been paying $15,400 per day for the vessel under a year-long charter forged in 2019.
In March this year, Trafigura locked in another Neda LR2 tanker, the 110,000-dwt Suvretta (built 2008), for a year at $21,000 per day.
Neda’s third LR2, the 110,000-dwt Seriana (built 2015), is also on time charter to Trafigura until September 2021. That vessel is earning $23,000 per day in a deal that may include options to extend.
Neda declined to comment on market reports.
The Greek company is poised to increase its LR2 fleet.
In May, Neda signed up for a LR2 tanker at South Korea’s Daehan Shipbuilding. This tanker is believed to be costing a little less than $50m.
The deal included an option for a second tanker, though it is understood that this has not been been exercised.
The shipowner also has five VLCCs, plus an option for another, on order at Hyundai Heavy Industries.
In addition, Neda is listed with 13 bulkers in its fleet.
