Ibaizabal revives suezmax expansion with Hengli order

Spanish shipowner Ibaizabal Group is officially returning to the suezmax newbuilding market after a decade-long hiatus. The company’s tanker division, Ibaizabal Tankers, has placed a firm order for at least two 158,000 dwt suezmax tankers with China’s Hengli Heavy Industries. This strategic expansion signals a renewed confidence in the crude oil tanker segment. These modern vessels are expected to integrate advanced hull designs and energy-efficient propulsion systems to optimize performance across global trade routes and major oil terminals.

These new suezmax tankers must strictly adhere to the latest IMO Tier III nitrogen oxide emission standards as mandated by MARPOL Annex VI. Furthermore, the design and construction will comply with SOLAS Chapter II-1 requirements regarding ship construction and machinery installations. Compliance departments must ensure that all onboard systems meet the latest classification society rules for tankers, specifically focusing on the International Bulk Chemical Code and enhanced survey programs. Adherence to these international maritime regulations is essential for maintaining operational certification and avoiding port state control detentions.

For masters and navigating officers, the introduction of these modern suezmax vessels requires a thorough understanding of advanced bridge navigation systems and integrated cargo management software. These officers must familiarize themselves with the specific ballast water treatment plant operations and emission monitoring equipment installed by Hengli Heavy Industries. Staying updated on the latest digital navigation protocols and environmental compliance procedures is critical for ensuring smooth vessel operations and maintaining high safety standards during international voyages.