Nigerian tanker buyers have stepped up their activity this summer, snapping up three ships from June onwards — more than doubling their deal count for the year, according to data from VesselsValue. To date, seven secondhand tanker acquisitions have been tracked to Nigeria in 2025. The latest round of deals includes Triber Energy, which has acquired the 2013-built clean tanker, Fula Queen (5,000 dwt, ex-Jeanita), the youngest conventional tanker purchased by a Nigerian owner this year. No price has been disclosed. This marks Triber’s third clean tanker acquisition. Sea and Transport, led by Mohammed Aminu Umar, has been linked to the purchase of a Korea-built MR1 (41,000 dwt, SLS, 2009-built). The ship was reportedly sold by Stamford Shipping for $17.2m. If confirmed, this would be Sea and Transport’s first deal of 2025, reinforcing its MR-focused profile. Ship and Shore Services, meanwhile, has also been active, sealing its second deal of the year, buying the 22-year-old, 37,300 dwt, STX-built Favola for $7.4m. The company had already added a 17-year-old, 13,000 dwt clean tanker in April. While activity is rising, most Nigerian purchases remain firmly in the vintage category — with the Fula Queen standing out as the rare younger unit to enter the country’s fleet. Nigeria’s refining rebirth is finally underway—led by the recently launched Dangote Refinery, the world’s largest single-train refinery, and bolstered by resurgent state facilities, modular entrants, and smart policy reforms. If execution holds, the country is on the cusp of reclaiming refining independence and shoring up its foreign exchange reserves. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsNigeria