2003 Built 116000 DWT Oil Tanker For Sale

✓ Shipyard Invested & Direct-Owner Audited Asset
SHIP SPECIFICATIONS
Number   OT-0568
Type of Ship/Flash Point   Oil Tanker
Port of Registry   Guyana
Navigation Area   Unlimited Zone
Date of Completion   2003
Last Docking Survey   2023
Next Dry Dock   2028
DIMENSIONS & CAPACITY
Deadweight Tonnage   116000T
GRT/NRT   61991T/34668T
Length×Breadth × Depth   250.00M×44.10M×21.30M
Light/Load Draft   6.20M/14.50M
Number of Cargo Holds   14
Cargo Hold Structure   Double Bottom Double Hull
PROPULSION & ENGINEERING
Main Engine   DIESEL ENGINE,MAN BW 6S60,
                          13548kW
Fuel Consumption   31T/D
Average Speed   14 Knots
TRANSACTION & HANDOVER TERMS
Base ValuationStarting from $5,250,000 USD
(Subject to cycle fluctuations)
Shipping & FOBGlobal handover via FOB / Designated anchorages. Mandated 100% physical audit prior to closing. Supported by professional crew delivery networks.
Return PolicyStrictly 0-Day Non-Returnable. Fully governed under the Norwegian Saleform 2012 (NSF 2012) framework. Custom upgrades available pre-delivery.
Notice on Indicative Valuation: The listed pricing serves strictly as a preliminary low-benchmark market valuation for global trade reference and initial negotiation context. Prices are sourced from historical owner declarations and are updated periodically every 2-4 months. Actual transaction figures will fluctuate dynamically based on live asset availability, USD exchange rates, current TCE charter market cycles, and final pre-closing technical survey conditions. Prospective buyers must contact the platform directly to secure verified live owner quotations under the Norwegian Saleform 2012 (NSF 2012) framework.

Expert Acquisition Insight

S&P Market Strategy: Within the current logistics landscape, this 116000 DWT platform targets operators demanding rapid capital recovery. As a 23-year-old veteran platform, the financial model here is heavily de-risked by its underlying demolition/scrap weight value. It presents an aggressive, cash-generative opportunity for buyers targeting rapid ROI before end-of-life recycling. Coupled with this, Crucially, Purpose-built for Coastal/Regional (A1+A2) logistics, the asset deliberately bypasses the severe capital over-engineering of deep-water carriers. This streamlined design yields a fiercely competitive OPEX footprint, maximizing bottom-line margins during high-frequency short-sea turnaround cycles. Anchored by its Standard certification, it remains a highly liquid maritime asset.