ShippingWatch

Terntank ready for newbuildings in short sea

The short sea carrier Terntank, headquartered in the Danish city of Skagen, is one of the only carriers with newbuildings on the way in a market going upwards. The implementation of sulfur requirements has been arduous, managing director Jens P. Buchhave tells ShippingWatch.

Photo: Terntank

The carrier Terntank currently seems to have a strong position in the niche, which the Danish company, headquartered in the city of Skagen, has chosen to stick to. Terntank has a fleet of nine ice-class tankers in the size 8,000-15,000 dwt, 95 percent of which are employed in the North Sea and the Baltic Sea.

"In 2013, we ordered four newbuildings which will sail on LNG and which will be delivered from the first half of 2016. Right now we're the only ones among our colleagues who will have newbuildings delivered or who even have orders. All four vessels already have charter contracts so we feel that we have made a well-received investment," says Jens P. Buchhave, managing director, in an interview with ShippingWatch.

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