Navig8 adds newbuilding to Korean orderbook

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Navig8 Chemical has exercised an option for another 49,000-dwt IMO II chemical tanker from STX Offshore & Shipbuilding.

The owner ordered four firm vessels of this specification in October this year. All of the vessels are set for delivery in mid-2017.

The new vessel is expected to be delivered by mid-2017, when it will be deployed with the four other newbuildings in the Chronos8 pool, which is managed by the Navig8 Group.

The company has options remaining for five additional vessels from STX Offshore & Shipbuilding, South Korea.

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