Hunter Tankers
Successfully constructed, owned and operated 8 very large crude carriers (“VLCCs”)
About
Invested around USD 700 million in early 2018 in the construction of eight newbuild eco scrubber-fitted VLCCs at DSME in South Korea. Hunter Group supervised the construction of additional 4 VLCCs at the same yard, taking the total number of VLCCs constructed during the period to 12. The ships were delivered between August 2019 and July 2020, and were successfully operated by Hunter Group with employment in both the spot and time charter markets. The VLCCs were gradually divested and the final ship was sold in 2022. Hunter Group distributed more than USD 300 million in dividends to our shareholders throughout the investment period..
