suezmaxes in A Sentence
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At this time NAT has 25 Suezmaxes.
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The tanker market for our Suezmaxes is strong- the strongest we have seen for many years.
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The transactions concluded in less than two weeks illustrate the liquidity in the second hand market for Suezmaxes and prove the financial flexibility of NAT.
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In June 2018 Euronav(NYSE: EURN), grew into a behemoth owning more than 70 vessels, predominantly Suezmaxes and VLCCs, after the deal was done following its merger with Gener8.
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Arlington's mixed tanker fleet of crude and product tankers, sold in 2008, and Principal Maritime's Suezmaxes, sold in 2015, both came at times of upward spikes, which by definition, don't linger.
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In June 2018 Euronav(NYSE: EURN), grew into a behemoth owning more than 70 vessels, predominantly Suezmaxes and VLCCs, after the deal was done following its merger with Gener8(which was weighted down with vessels bought at market highs, including those acquired through an earlier combination with General Maritime).
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