Tankers International has entered the Suezmax market with the formation of a new pool, International Seaways. This move aims to provide greater flexibility and optionality for securing cargoes across similar crude movements. The company's pooling model will continue to play a crucial role in navigating complex trade routes, meeting charterers' transportation needs, and delivering competitive returns.
With this expansion, Tankers International seeks to capitalize on the rapidly changing global marketplace, where agility is becoming increasingly important. This strategic move signals a new phase for the company, one that builds upon its long-standing platform in the VLCC market. The acquisition of sole ownership by International Seaways adds spot trading Suezmaxes to Tankers International's platform, providing a more comprehensive offering to customers.
As the market continues to evolve, this expansion is poised to drive growth and success for both companies involved. With over 25 years of partnership and shared success, International Seaways is well-positioned to navigate the next phase of growth. The pooling model, which has been critical in the company's success thus far, will remain a key component of its strategy moving forward.
By expanding into the Suezmax market, Tankers International aims to increase its data insights and offer more competitive returns to its customers. This strategic move is expected to drive growth and success for both companies as they navigate the rapidly changing global marketplace. The expansion into the Suezmax sector creates highly attractive opportunities for both companies, and it is clear that they are well-positioned to capitalize on these opportunities.
With this move, Tankers International takes a significant step towards increasing its agility and flexibility, which will be critical in meeting the evolving needs of its customers.
This strategic move by Tankers International demonstrates its commitment to staying ahead of the curve in the rapidly changing global marketplace. By expanding into the Suezmax market, the company is positioning itself for long-term success and growth.
