Tankers International Welcomes Two VLCCs, Expanding Pool to 35

by Admin
Tankers International VLCC Pool

Tankers International, the world’s largest shipping pool for Very Large Crude Carriers (VLCCs), is excited to announce the addition of a Vietnamese-based shipping company to its pool. The MT Felix and MT Symphony, the two latest VLCCs to join the pool, have been integrated into the fleet, bringing the total number of vessels in the Tankers International Pool to 35.

The MT Felix joined earlier this year, and the MT Symphony followed suit, entering the pool in early August. Both vessels are outfitted with scrubbers, enhancing their environmental performance and aligning with global emissions regulations.

Charlie Grey, CEO of Tankers International, expressed enthusiasm about the new partnership “The addition of these vessels marks a significant milestone for Tankers International. Expanding our fleet not only increases our economies of scale but also broadens our network, further optimizing the Time Charter Equivalent (TCE) for our partners.”

Grey further commented “The integration of these new vessels not only enhances our ownership diversity but also underscores the continued appeal of our pool to top-tier owners. This expansion supports our commitment to improving financial performance and provides our owners with access to a more extensive and diverse customer base and cargo portfolio. Our owners benefit from exposure to all market cargoes and our extensive relationships across the VLCC tanker market, granting us unparalleled access to market data and industry intelligence.”

The Tankers International VLCC Pool, established in 2000, was the first initiative to consolidate ships at a scale that created the largest fleet of modern VLCCs globally. Since its inception, the pool has consistently succeeded in this strategy, offering premium shipping services to both customers and participants. Tankers International remains at the forefront of providing transparent, cost-effective solutions for shipowners and charterers alike, leveraging powerful economies of scale and unmatched access to cargoes.

Tankers International is renowned for its quality fleet and strict safety requirements for pool membership. The company operates with a simple all-inclusive management fee, avoiding additional commissions or unexpected costs. All vessels are traded on an equal basis, with revenues shared among participating owners through a fair and transparent Pool Pointing system.

The company’s commercial offices in London, New York, and Singapore offer 24/7 support, reflecting Tankers International’s commitment to excellence in safety, integrity, performance, and customer service.

About Tankers International

Tankers International operates the world’s largest pool of modern VLCCs, specializing in maximizing earnings through economies of scale and comprehensive market access. As a relationship-driven business, Tankers International prides itself on its diverse and established network of chartering connections. The company is owned and financially backed by some of the world’s leading shipowners, ensuring high standards of safety, integrity, and innovation in reporting and carbon offsetting.

Source Tankers International