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Agreement signed for new Nova Tankers VLCC pool

Baird Maritime

Four companies have signed an agreement governing the formation of a new VLCC pool named Nova Tankers.

The four partners in the pool are Mitsui OSK Lines (MOL)/Phoenix Tankers, Maersk Tankers, Samco Shipholding  and Ocean Tankers. Morten Pilnov, presently head of gas for Maersk Tankers, will be the managing director for Nova Tankers, while MOL executive officer Kazunori Nakai will act as chairman the pool management company.

The VLCC pool will operate a combined fleet of around 50 quality VLCCs by the end of 2012 with an average age of only three years. The flexibility of a large, young and reliable fleet ensures that the VLCC pool can, at all times, offer relevant vessels of the highest standard to cater for our customers' need for safe and environmentally friendly marine transportation. The pool will become operational in early February.