N2 Tankers Welcomes New Aframax Tanker, Expands Fleet to 11 Vessels

On January 16, 2025, Singapore-based N2 Tankers proudly announced the delivery of its newest vessel, M.T. Southern Respect, a modern Aframax tanker built by Sumitomo Heavy Industries. Delivered at Yokosuka Shipyard, Japan, the vessel immediately set sail for South Korea to load its first cargo, destined for Argentina. This addition marks a significant step in N2 Tankers’ fleet renewal program and increases its total fleet size to 11 vessels.
 

Commitment to Quality and Sustainability
 

Capt. Madhu Vadakkepat , Director of N2 Tankers, emphasized the strategic importance of this acquisition. “We are thrilled to welcome Southern Respect to our fleet. This addition is part of our renewal program, ensuring a young, efficient, and high-performing fleet that consistently meets the needs of our customers.”
 

The Southern Respect is equipped with a scrubber system and advanced eco-design features, aligning with the latest International Maritime Organization (IMO) environmental standards. Capt. Vadakkepat expressed his gratitude to Synergy Marine Group, N2 Tankers’ technical management partner, for their support in ensuring a seamless delivery process.
 

N2 Tankers: A Boutique Aframax Operator
 

According to Xinde marine news‘ interview with him（ click），Since its inception in 2018, N2 Tankers has established itself as a leading operator in the Aframax segment. Its fleet, averaging just 4.5 years in age, comprises vessels built at renowned Japanese shipyards such as Sumitomo, Universal Shipbuilding, and Tsuneishi.
 

What sets N2 Tankers apart is its innovative operational model. Unlike traditional third-party pools, N2 Tankers operates as an owner-centric platform, allowing shipowners to retain control of their assets while directly engaging with clients. This unique structure eliminates unnecessary commission fees, maximizing returns for owners.
 

“Our platform is not a conventional pool,” explained Capt. Vadakkepat. “It’s a collaborative system where shipowners maintain full involvement in the operations. This transparency and efficiency have earned us the trust of major oil companies and charterers.”
 

With offices in Amsterdam and Singapore, N2 Tankers ensures seamless global operations, with each office managing specific geographical regions.

The delivery of M.T. Southern Respect represents another milestone for N2 Tankers as it continues to modernize its fleet and strengthen its position in the global tanker market. With its focus on sustainability, operational excellence, and strategic partnerships, N2 Tankers is poised for a promising future as a leading boutique operator in the Aframax segment.

by Xinde Marine News Chen Yang

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