An In-Depth Market, Technical Vetting, and B2B Chartering Guide for Shipbrokers, Traders, and Fleet Managers
Prepared by Oitha Marine & Ship Brokerage Desk
Executive Summary & Market Positioning
In today’s volatile liquid bulk market, operational flexibility, fuel economy, and strict environmental compliance govern charter party profitability. This technical brief details a highly sophisticated 47,848 DWT Korean-built IMO Class III Medium Range (MR) Clean Petroleum Products (CPP) Tanker available for delivery following her current commercial voyage. Built by the prestigious STX Shipbuilding Co. Ltd. (Jinhae Shipyard, South Korea) in April 2007, this asset represents the gold standard of Korean shipbuilding quality, offering charterers and ship operators superior cargo segregation, rapid discharging capabilities, and exceptional fuel performance.
With a total volumetric cargo capacity of 52,148 CBM across 14 epoxy-coated tanks and an independent 12-pump deepwell configuration (12 x 520 m³/hr), this vessel is perfectly engineered for multi-grade clean product trading, including ultra-low sulfur diesel (ULSD), jet fuel, gasoline, naphtha, and IMO III chemical cargoes. Hydrodynamically upgraded with a Mewis Duct, Eco Cap Fin, and Hempel X7 Premium Silicone Hydrogel Hull Coating, the vessel offers charterers a highly competitive consumption profile, consuming approximately 33 metric tons per day at a loaded service speed of 14.2 knots.
Detailed Vessel Technical Specifications
Below is a comprehensive technical specification breakdown structured for immediate review by chartering desks, vetting departments, and commodity traders:
| Parameter | Technical Specification / Description |
| Vessel Type & Class | Tanker, IMO Class III / Double Bottom & Double Sides Structure |
| Deadweight & Draft | 47,848 Metric Tons (MTS) on 12.43 Meter Summer Saltwater Draft |
| Dimensions | Length Overall (LOA): 183.00m | Beam: 32.20m | Molded Depth: 19.10m |
| Tonnage | Gross Tonnage (GRT): 29,909 | Net Tonnage (NRT): 12,487 |
| Builder & Yard | STX Shipbuilding Co. Ltd. (Jinhae Shipyard, Changwon), South Korea (April 2007) |
| Classification Societies | Dual / Recognized Class: Lloyds Register (LR) / Indian Register of Shipping (IR) |
| Survey Position | Special Survey (SS) valid through 05/2030 | Drydocking (DD) valid through 05/2028 |
| Main Engine & Power | MAN B&W 6S50MC-C Low-Speed 2-Stroke Engine | Total Output: 12,889 BHP |
| Auxiliary Power | 3 x Diesel Generator Sets providing full redundancy during discharge |
| Service Speed & Consumption | 14.2 Knots on approximately 33 Metric Tons IFO/MGO per day |
| Hydrodynamic Upgrades | Fitted with Mewis Duct, Boss Cap Fins (Eco Cap), and Hempel X7 Premium Hull Paint |
| Cargo Tanks & Coating | 14 Cargo Tanks | High-Grade Epoxy Coating | Total Oil Capacity: 52,148 CBM |
| Pumping Configuration | 12 x Independent Hydraulic Deepwell Pumps @ 520 m³/hr each (Total Capacity 6,240 m³/hr) |
| Safety & Environmental | Inert Gas System (IGS), Crude Oil Washing (COW), Segregated Ballast Tanks (SBT) |
Hydrodynamic Efficiency & Carbon Intensity (CII) Optimization
In an era defined by strict carbon intensity metrics (CII), EEXI, and escalating fuel costs, this MR tanker stands out due to extensive energy-efficiency retrofits implemented by her owners:
- Becker Mewis Duct® Technology: Placed forward of the propeller, the energy-saving duct equalizes and directs wake flow into the propeller plane, generating forward thrust and reducing main engine power requirements by 3% to 5%.
- Eco Cap Propeller Boss Fins: Eliminates the hub vortex, recovering lost rotational energy from the propeller slipstream and translating directly into fuel savings and reduced CO2 emissions.
- Hempel X7 Premium Silicone Hydrogel Paint: Advanced foul-release hull coating minimizes hydrodynamic skin friction resistance. This ensures that speed and power curves remain stable across long sea passages, preventing biofouling build-up even during extended port layovers in warm tropical waters.
Cargo Handling, Segregation, and Commercial Flexibility
The cargo system is purpose-built for high-frequency, multi-port CPP distribution. With 14 individual epoxy-coated tanks and 12 independent deepwell pumps rated at 520 m³/hr each, the vessel provides simultaneous handling of multiple product grades without risk of cross-contamination.
- Multi-Grade Versatility: Equipped to carry full lines of refined clean petroleum products (Gasoline, Jet A-1, Diesel, Gasoil, Naphtha) as well as IMO III regulated easy chemicals and vegetable oils. High-performance epoxy coating allows seamless cargo tank washing and rapid turnaround times between changing product sequences.
- Rapid Turnaround & Pumping Performance: With a maximum theoretical discharge rate of over 6,000 m³/hr across her deepwell pumping array, port stay duration is significantly reduced. Dedicated auxiliary generators ensure full continuous power supply to the deepwell hydraulic system without starving shipboard service power.
B2B Compliance, Vetting Standards & Sanctions Due Diligence
For shipbrokers, commodity charterers, and maritime financiers, verifying asset integrity and compliance is non-negotiable. Oitha Marine enforces a rigorous multi-stage vetting framework for every transaction involving this asset class:
1. Condition & Class Survey Transparency
The vessel completed a comprehensive independent condition inspection by Aalmar Surveys (Oct 2025), achieving an exceptional condition score of 8 out of 10. Prospective charterers and buyers can access this report upon request. Furthermore, with Special Survey (SS) passed and valid until May 2030, and Drydocking (DD) cleared until May 2028, charterers are protected against unscheduled drydocking downtime over the medium term.
2. Regulatory Compliance & Vetting Readiness
- SIRE / OCIMF Compliance: Maintained under strict vetting protocols suitable for major oil company charters (Oil Majors Approval readiness).
- MARPOL Annex I & II Compliance: Full SBT (Segregated Ballast Tanks), IGS (Inert Gas System), and COW (Crude Oil Washing) operational capabilities.
- MLC 2006 & Crew Welfare: Full adherence to international labor standards, ensuring uninterrupted port state control (PSC) inspections.
3. Sanctions & Trade Route Due Diligence
Oitha Marine strictly conducts AIS history screening, ownership trace audits, and trade route verification to guarantee that all represented vessels operate in full alignment with OFAC, EU, and UN maritime sanctions frameworks.
Why Partnering with Oitha Marine Delivers Strategic Value
Navigating the complex landscape of ship sale and purchase (S&P) and period chartering requires a broker who bridges technical expertise with commercial agility. Oitha Marine stands at the forefront of global ship brokerage for the following reasons:
- Unmatched Technical & Vetting Insight: Our team consists of master mariners, naval architects, and former class surveyors who evaluate vessels beyond raw specifications—assessing real-world operational health, engine maintenance logs, and tank coating integrity.
- Commercial Precision & Market Reach: Whether securing prompt delivery off key maritime hubs like Gibraltar or structuring complex bareboat/time-charter agreements, Oitha Marine aligns tonnage with high-yield commodity flows.
- End-to-End Compliance Safeguards: From initial KYC/AML vetting to contract execution (BIMCO standards) and escrow management, we eliminate legal, counterparty, and operational friction for buyers, charterers, and shipowners alike.
Frequently Asked Questions (FAQ)
Q1: What is the delivery window and location for this 47,000 DWT MR Tanker?
Answer: The vessel is scheduled to complete her current commercial voyage in West Africa (Abidjan) in early August 2026, after which she can be delivered promptly to charterers or buyers in Gibraltar within September 2026.
Q2: How does the deepwell pump configuration benefit charterers compared to conventional pump rooms?
Answer: Independent cargo deepwell pumps eliminate cross-contamination risks by maintaining completely segregated lines and pumps for each tank. This allows charterers to load up to 14 distinct product parcels or conduct simultaneous multi-grade operations with maximum efficiency.
Q3: Is the independent condition inspection report available for review?
Answer: Yes. A detailed Aalmar inspection report conducted in October 2025—reflecting a top-tier rating of 8/10—is available for purchase and review by qualified prospective charterers and buyers through Oitha Marine.
Q4: What are the primary fuel efficiency benefits of the fitted hydrodynamic retrofits?
Answer: The combination of a Mewis Duct, Eco Cap propeller boss fins, and Hempel X7 silicone hydrogel hull paint significantly reduces drag and optimizes propulsion efficiency, resulting in a low daily fuel consumption of ~33 MT at 14.2 knots and superior CII rating performance.
Q5: What class surveys are currently outstanding on this vessel?
Answer: None in the near term. The vessel passed her major surveys with flying colors: her Special Survey (SS) is valid until May 2030, and her next scheduled Drydocking (DD) is not due until May 2028.
Q6: How does Oitha Marine assist charterers and traders in securing this vessel?
Answer: Oitha Marine provides direct-to-owner representation, technical documentation access, commercial negotiation, CP drafting (BIMCO terms), pre-delivery vetting coordination, and post-fixture support.
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