Hercules Tanker Management (HTM), the shipping company set up by Peninsula founder John Bassadone in 2024, took delivery of a new tanker in China on November 3.

The 7,882 DWT vessel, Hercules Angelica, features diesel-electric propulsion and advanced technology, with the flexibility to transport and supply conventional and alternative marine fuels, HTM said in a LinkedIn post yesterday.

Hercules Angelica is heading to Pasir Gudang, Malaysia, where it is scheduled to load fatty acid methyl esters (FAME) before sailing west to the UK/ARA region for discharge.

The tanker is equipped with MarineLINE cargo tank coating, supporting the carriage of a broad range of products.

Its addition forms part of HTM's ongoing fleet renewal programme.