The Beacon Council announced that Tanker Pacific Management from Singapore has established its North and Latin American headquarters in Miami. Tanker Pacific is the largest privately owned tanker operator in Singapore. Founded in 1990, Tanker Pacific specializes in maritime transportation of petroleum, as well as management of offshore storage terminals. The focus of the Miami office is mainly on expanding the company's commercial reach and providing better service to its customers in the Americas. The company also plans to have a dedicated team of professionals explore new business opportunities and investments in the region. The focus of Tanker Pacific's operations has historically been large tankers, providing transport of predominantly crude oil cargo, and focused in a geographic territory extending from the Suez Canal east to Japan. Since 1990, the company started a new building program that in recent years made its operated fleet one of the most modern in the industry. The company puts a high level of attention and management resources into environmental management and safety.