Seaarland and OSG Set up Suezmax Pool

Monday, June 02, 2008

Amsterdam-based Seaarland Shipping Management and New York-based Overseas Shipholding Group have set up Suezmax International, a commercial pool which will initially operate eight tankers. The Suezmax International Pool is co-managed by in and OSG Ship Management Inc. in . OSG and Seaarland have committed eight ships to the pool so far: the Overseas London, Overseas Newcastle, Genmar Hope, Elisewin, and four newbuildings due for delivery from Nantong Rongsheng Shipbuilding, during  2009.
Seaarland has also ordered three 165,000 dwt suezmax tankers on May 30, 2008 to be built at Hyundai Heavy Industries, for delivery in the 2nd, 3rd and 4th quarter 2011. The intention is to commit these ships to the new pool.
The Suezmax International pool will have two chartering offices. Elodie Magere will be the New York-based Chartering Manager of the Pool and the Chartering Manager  for Europe, Andrea Vaccari, will be based in .

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