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Thenamaris tied to MR newbuild play in South Korea

13 May 2026

Greek shipowner Thenamaris has reportedly returned to the South Korean newbuilding market with four MR2 product tankers at HD Hyundai Mipo. Broker reports from Athens suggest the Nikolas Martinos-led owner has signed up for four scrubber-fitted 50,000 dwt vessels at the Ulsan-based yard, with delive

Greek shipping giant Thenamaris has re-entered the South Korean newbuilding market, commissioning four 50,000 dwt MR2 product tankers from HD Hyundai Mipo in Ulsan. These scrubber-fitted vessels represent a strategic fleet expansion for the Nikolas Martinos-led company, focusing on modern, high-efficiency tonnage. As the global demand for refined petroleum products remains robust, these newbuilds are expected to enhance operational capabilities. The integration of advanced exhaust gas cleaning systems ensures these tankers remain competitive in the evolving international shipping landscape.

The inclusion of scrubber technology on these new MR2 tankers is a direct response to the stringent requirements of MARPOL Annex VI, which mandates strict limits on sulphur oxide emissions. Compliance departments must ensure these vessels adhere to the IMO 2020 global sulphur cap, necessitating rigorous monitoring of washwater discharge and continuous emissions reporting. Furthermore, the design must comply with SOLAS Chapter II-1 regarding machinery and electrical installations, ensuring that the integration of complex exhaust cleaning systems does not compromise the vessel’s structural integrity or safety standards during port state control inspections.

This expansion directly impacts the professional requirements for masters and chief engineers tasked with overseeing these sophisticated assets. These officers must undergo specialized training in the operation and maintenance of advanced scrubber systems to ensure seamless regulatory compliance. Navigating officers should also prepare for updated bunkering procedures and emissions documentation protocols. Mastering the technical nuances of these modern MR2 tankers is essential for maintaining operational efficiency and avoiding costly non-compliance penalties during international voyages.

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