Swire Projects Charters 3 MPVs


28,000-dwt R. Braren Vessels Brings Fleet to 15



Swire Projects and shipowner R. Braren have reached an agreement to charter three 28,000 deadweight-ton handysize multipurpose vessels for a three-year term, with option to extend. The MPVs will be delivered from the fourth quarter of 2021 through the beginning of 2023.

The announcement comes almost eight months after Swire Projects, a business unit of Swire Shipping Pte, entered into long-term charters for six heavy-lift MPVs with Nordic Project and Finance.

“This latest charter agreement is part of a longer-term business strategy to expand in our targeted markets and sectors by procuring suitable tonnage from high-quality owners,” said Namir Khanbabi, general manager of Swire Projects.

These “workhorse” charters will expand Swire’s MPV fleet to 15 vessels by year end, he said.

The 28,000 dwt “African class” MPVs were built in 2010 and 2011 at Huanghai Shipyard in China. They will be renamed Pacific Honour, Pacific Humility and Pacific Hero, and known as the “H Class” vessels, and . The vessels lifting capacity and two- or three-deck configurations are “very versatile” and capable of carrying wind energy turbines, tubulars, power generators, plant and machinery and other related equipment along with unitized cargo and oversized bulk, according to Khanbabi.

In its November deal with Nordic Project and Finance, Swire signed long-term charters for four 12,700 dwt and two 19,600 dwt MPVs built between 2007 and 2022, and began receiving tonnage in December 2021.

Terms of the charter deals were not disclosed.

Swire Projects, established in October 2020, provides specialist shipping services to the energy, renewable and infrastructure sectors. Its fleet and technical experience across the Swire Group’s marine activities projects shipping solutions to the project logistics sector, particularly forwarders, engineering, procurement and construction companies and offshore energy construction customers.
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