PAG

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Croatian Shipping Company Tankerska NG Receives New Tanker 'Pag'

Croatian shipping company Tankerska Next Generation (TNG) reported on Friday that it has received its fourth tanker named PAG in a series produced by the South Korean shipyard SPP Shipbuilding, and that it has signed a contract with the Dutch ABN AMRO Bank to finance three additional tankers which will further expand its fleet. The handover ceremony for the MT Pag tanker, the fourth in a series of new ships which Tankerska NG has received from Korean shipyards this year, was held on Friday at the SPP Shipbuilding, reports Poslovni.hr on December 5, 2015.MT Pag is a tanker with deadweight of 49,990 tons (dwt), and its delivery has raised the overall fleet capacity of Tankerska NG to 300,000 dwt, with the average fleet age now down to considerably under two years.