Delivery of Our New Vessel, the Thun Grace

5th May 2017

We are pleased to announce that we have taken delivery of a new vessel, the Thun Grace, on long-term time charter from Thun Tankers. The Thun Grace is significantly larger than our outgoing vessel, the Milford Fisher, which means that we will now have extra capacity to grow our sales volume and provide a faster, more responsive service to our customers.

Built in 1999, the Thun Grace is a highly efficient 6,535mt DWT, 103m x 15m chemical tanker, with an experienced and professional crew on board. She will shortly be equipped for ship-to-ship operations – a fast and flexible fuelling solution for operators when a ship’s port access is restricted, or when there are no fuel facilities available within a port.

The vessel will transport marine gas oil from oil refineries to fuel storage tanks in our six physical supply locations: Aberdeen, Blyth, Great Yarmouth, Lerwick, Heysham and Montrose. It will also transport fuel between these sites, in order to meet demand and avoid stock shortages.

“Increasing the size of our vessel is an important strategic move for the Geos Group”, said Adam Russell, our Trading and Hedging Manager. “We will have more flexibility in our programme, and greater capacity for transporting fuel between locations. We will be able to increase our volume and offer a more competitive bunkering service to the ship owners and operators that we supply. We are happy to be working with Thun Tankers as our business grows and more opportunities present themselves”.