Navig8 Chemical Tankers Inc., an international shipping company focused on the transportation of chemicals, with numerous locations in the US, has announced that it has taken delivery of the Navig8 Spark, a 25,000 DWT (deadweight tonnage) stainless steel chemical tanker from Kitanihon Shipbuilding Co., Ltd.
The Navig8 Spark is the third of six vessels contracted at Kitanihon to be delivered to Navig8 Chemical Tankers and is the first vessel to be delivered under the sale and leaseback agreements entered into with SBI Holdings, Inc., announced on September 15, 2016. The Navig8 Spark will be entered into and operated in Navig8 Group’s Stainless8 commercial pool.