Maersk Tankers ventures into LR1 segment
Feature
The new LR1 pool offers pool management to owners of tankers ranging from 55,000-80,000 tons DWT and builds on Maersk Tankers’ experience in the commercial management of tankers of all sizes, from 10,000 tons deadweight (DWT) to LR2 vessels. It will offer partners access to earning spikes in the spot market with the benefit of an array of vessel optimisation opportunities.
Following many years of collaboration, most recently in the LR2 segment, Sanmar Shipping has now entrusted Maersk Tankers with the management of a recently bought LR1 tanker. "We have had the honour of working with Sanmar Shipping for many years and are proud that we now get to venture into a new segment together," says Jesper Bo Hansen, Global Head of Partnerships & Pool Management at Maersk Tankers.
“The demand for LR1 trade remains strong, while the average age of the fleet is continuously increasing. Building on our large customer network and presence, particularly in the East, we believe we can offer a valuable service in this segment, which will give shipowners the opportunity to maximise earnings and optimise vessel performance,” says Hansen. “While initially starting with one partner, we are aiming to forge more partnerships in the segment.”
Maersk Tankers operates across cargo markets with a global customer network and extensive cargo book.
About Maersk Tankers
Maersk Tankers and affiliated companies operate one of the largest tanker fleets in the world through direct ownership and commercial management solutions for shipowners. Our purpose is to pioneer shipping solutions for our customers, partners and the planet. Founded in 1928, we have a century of expertise in management of tankers, which we use to develop and deploy solutions that help shipowners boost the economic and environmental performance of their vessels. Maersk Tankers employs approximately 300 people and is headquartered in Copenhagen, Denmark. Maersk Tankers is owned by A.P. Moller Holding. Additional information is available at www.maersktankers.com.