Karl Arthur Braein News

Seaarland, Roxana Establish Tanker Pool

Seaarland Shipping Management and Athens-based Roxana Shipping have established a new pool for LR1 tankers. The Global Tanker Pool will be operated from Seaarland’s Asian arm, Seaarland Management Services Singapore, and has commenced operations with six modern LR1 tankers. The pool manager is Karl Arthur Braein, previously head of chartering in Asia-Pacific for ConocoPhillips. Antonio Zacchello, managing director of Seaarland said, “We have committed five new, owned ships and one chartered ship shared with Roxana to the pool, and Roxana has committed four ships with delivery starting by the end of 2009. We aim to attract other long-term-minded owners/operators of LR1 tankers and build the pool to around 20 vessels.