Ernst Russ AG has agreed to acquire four IMO Type II chemical/product tankers of the Intermediate class (18,500 dwt), securing fixed charters of at least five years from delivery. The acquisition increases the Group's charter backlog by approximately USD 126 million. Built at Wuhu Shipyard Co., Ltd.
in China, the vessels feature twelve tanks with MarineLINE coating, methanol-ready design, Ice Class 1B, and Great Lakes capability, allowing transport of various cargoes and access to niche markets. The first two vessels are scheduled for delivery between Q4 2026 and Q1 2027, with the remaining two arriving between Q1 and Q2 2027. This move marks Ernst Russ AG's entry into the tanker segment, enhancing diversification and fleet modernization while strengthening long-term cashflows and capital market appeal. The company currently operates a fleet of 27 vessels and aims for a balanced, sustainable portfolio.
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