Exmar concludes agreement to sell its first Suezmax tanker, with an expected gain of $22 million
The vessel in question is the first of Exmar's Suezmax tankers currently under construction at Daehan Shipbuilding yard. The announcement was released on October 6, 2026 in Antwerp, in the form of regulated information.
A sales agreement for a tanker under construction at Daehan Shipbuilding
Exmar has concluded an agreement for the sale of the first of its Suezmax tankers, a vessel that has not yet been delivered by Korean shipyard Daehan Shipbuilding.
According to the press release, this transaction will allow the group to realize a gain of approximately 22 million dollars. This amount corresponds to the expected profit on the transaction and not to the sale price of the vessel.
Delivery to buyers scheduled for the third quarter of 2027
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The operation timeline is tied to the construction schedule. The tanker will be delivered to buyers at the time of its delivery by the yard under the shipbuilding contract, namely in the third quarter of 2027.
The agreement is therefore signed, but the actual transfer of the vessel will occur at this deadline. Morten Pilnov, executive director of Exmar's Shipping business, is designated as the contact in the press release.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
