Indian shipping company Seven Islands Shipping has expanded its fleet with the acquisition of a 160,000-deadweight-ton (dwt) Suezmax tanker, the Century, from Singapore-based Eastern Pacific Shipping (EPS), controlled by Idan Ofer. The vessel, built in 2005 by Hyundai Heavy Industries, is one of only two Suezmax tankers currently owned by Seven Islands Shipping. The acquisition was reported on October 12, 2025.
This move is part of Seven Islands Shipping’s broader strategy to bolster its presence in the crude oil transportation sector. The company has been actively seeking Suezmax tonnage, as evidenced by its recent purchase of a 158,000-dwt Suezmax from Greek owner Tanker Ventures for approximately $40 million.
Founded in 2002, Seven Islands Shipping operates a diverse fleet that includes Suezmax, Medium Range (MR), Very Large Gas Carrier (VLGC), and Medium Gas Carrier (MGC) tankers. The company continues to focus on expanding its fleet to meet the growing demands of the global shipping industry.