Navig8 is pleased to announce the conclusion of a significant transaction with shipowner Leonhardt & Blumberg for six newbuild Marineline IMO2 MR vessels. The vessels will be commercially managed by Navig8 under a combination of time-charter and pooling agreements and will trade within Navig8’s IMO2 MR Pool, Gamma8.

With the delivery of these vessels, the Gamma8 fleet will expand to 25 vessels in 2026 and to 29 vessels in 2027, further strengthening Navig8’s position in the IMO2 MR segment. While specific transaction details remain confidential, Navig8 confirms that the agreement has been successfully concluded.

Commenting on the transaction, Nicolas Busch, CEO of Navig8, said: “We are pleased to welcome Leonhardt & Blumberg as a new partner, further strengthening our presence in the IMO2 segment. This transaction reflects our strong conviction in the fundamentals of the IMO2 market and our confidence in Gamma8’s ability to deliver enhanced value and earnings performance.”

Navig8 Group press release