Cypriot shipping fund Pelagic Partners has deepened its relationship with US owner International Seaways through a new period charter.
The company said the 73,400-dwt Pelagic Turbot (built 2009) has been fixed to the tanker player on a long-term deal, following a dry-docking.
No details were given, but the vessel joins its sister ship, the 76,600-dwt Pelagic Tope (built 2008), on a term contract with International Seaways.
“This significant move not only marks a new chapter for Pelagic Turbot but also strengthens the growing partnership between Pelagic and [International Seaways],” the fund said.
The decision to fix a second ship to the US owner “highlights our commitment to providing top-tier maritime assets and operational efficiency to our partners”, it added.
Shipbroker BRS Group assesses an eco LR1 three-year charter at $27,500 per day, with a five-year fix at $23,500.
“As Pelagic Partners continues to grow and evolve, we remain committed to providing our partners with reliable solutions and expertise,” the fund said.
“The collaboration with International Seaways is a strategic step toward achieving these goals, and we are eager to explore further opportunities together.”
Pelagic also said it has added two multipurpose platform supply vessels (MPSVs) to its Pelagic Yield Fund.
The 97-loa, 2021-built Energy Sphynx (ex-Edda Sphynx) and Energy Savanah (ex-Edda Savanah) have been bought from Ostensjo Rederi in Oslo.
Norway's Golden Energy Offshore Services (GEOS) had earlier said it had entered into agreements to manage the vessels on behalf of its two largest shareholders, Pelagic and Clear Ocean Partners.
GEOS will handle commercial and technical management.
Brokers had previously listed the ships as bought by GEOS.
They are valued at about $82m each.
“Both vessels are designed for versatility and resilience, capable of supporting a wide range of offshore activities,” Pelagic said.
“Their integration into our fleet allows us to better serve the complex demands of the offshore energy sector, enhancing both our operational capacity and service offerings.
“Looking ahead, we are committed to furthering our mission of sustainable and forward-thinking growth within the offshore sector.
“The addition of Energy Sphynx and Energy Savannah reflects our dedication to innovation and to supporting a more resilient future for offshore energy.”
