Wedyan/Blue Topaz

Wedyan is a Very Large Crude Carrier double hull oil tanker that was built at the Daewoo Shipyards in Okpo, South Korea and completed on November 15, 2010. The keel had been laid on July 6, 2010, with the launching then taking place on October 2 of that year.

Originally known as Blue Topaz and Marshall Islands-flagged, the ship has a length of 1,093 feet, a beam of 197 feet and a 69-foot draught. It possesses a gross tonnage of 162.330 tons and a deadweight tonnage of 321,234 tons. The engine was built by the Hyundai Heavy Industry Engine & Machinery Company and the boiler maker was produced by Alfa Laval Qingdao Ltd.

The first job undertaken by the Blue Topaz was part of a five-year contract for transport of crude oil with a Malaysian-owned company, AET Tankers, which was previously known as American Eagle Tankers. At the time, the then-high price of oil allowed the ship to charge $34,000 per day for its services.

During 2014, Koch Shipping hired the Blue Topaz for a 12-month time charter at a rate of $22,000 per day. The dip in price was attributed to the declining price of a barrel of oil. The following summer, the Blue Topaz was scheduled to be sold to an unnamed buyer for approximately $78 million.

However, that deal was never consummated because the buyer couldn’t meet the price of the ship’s owner, Daewoo. Then, in October 2015, the Saudi Arabia National Shipping Company, also known as Bahri, purchased both the Blue Topaz and another ship, the Blue Pearl for the previous amount.

Just a few months after that deal was completed, the Blue Topaz was officially renamed Wedyan on January 7, 2016. At that point, the ship began flying under the flag of Liberia.