Marine Link
Wednesday, October 26, 2016

Oil Majors, Shipowners Merge Online Tanker Exchange

July 10, 2000

A U.S. oil majors' Internet tanker venture is merging with a shipping dot-com in a bid to become the first live online chartering exchange for the industry. SeaLogistics, which is backed by five oil groups, is merging with OneSea Direct, which has several major shipowner investors, to combine their efforts in web-based tanker chartering, the two companies said.

SeaLogistics currently involves U.S. oil companies Texaco, Chevron (CVX), Koch Industries, L.G. Caltex and Coastal Corp. OneSea includes support from leading shipping companies such as A.P. Moeller, Bergesen, Teekay (TK), I.M. Skaugen, OMI Corp., Osprey, Leif Hoegh, Worldwide, Acomarit, and V.Ships.

Maritime Reporter Magazine Cover Oct 2016 - Marine Design Annual

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