Dubai-based Tristar Group is starting to implement its US$166 million contract with Shell, following the delivery of a new chemical tanker from South Korean shipyard, Hyundai Mipo Dockyard. Solar Sharna was handed over on June 15th, on schedule despite the impact of Corona virus, with the completion being undertaken remotely using video conferencing, in a first for the group. Tristar was expected to take delivery of a sister vessel, Solar Nesrin, on June 30th.
Eugene Mayne, Group CEO of Tristar Group, said: “Having worked with Hyundai Mipo Dockyard for several years, we have built a strong relationship with their experienced team who have always delivered high quality and technology-led design with first class manufacturing.”
These new tankers, which will be operated by Tristar’s Eships division, are destined for a long-term charter to Shell, following the signing of the contract in 2018, which involves the supply of six IMO2 type, 25,000 dwt chemical carriers to the oil major. The remaining four vessels will be delivered between July 2020 to January 2021.
The Marshall Islands-flagged Solar Sharma is 169m long overall and incorporates 12 tanks with a total capacity of 28,768 cu m. Powered by a 7000kW main engine, the vessel is capable of a top speed of 14.85 knots.