OSC Pulls VLCC Fleet Management from Navig8’s Pool

Image Courtesy: OSC

Shipowner Oman Shipping Company SAOC (OSC) has decided to internalize the commercial management of their very large crude carrier (VLCC) fleet which was previously a part of the VL8 pool, managed by maritime services provider Navig8 Group.

Namely, a total of 15 VLCC owned by Oman Shipping Company have been placed in the VL8 shipping pool since 2010.

“Despite the many benefits we have received from our vessel participation in the VL8 pool, we have made the decision to internalize the commercial management of our VLCC fleet to meet our legitimate growth aspirations in every functional area under the OSC brand, Tarik Al Junaidi, Chief Executive Officer of Oman Shipping Company, said.

The company’s fleet includes 33 tankers, 16 of which are OSC-owned VLCCs.

The VL8 pool is one of the largest VLCC tanker pools in the world and one of 16 shipping pools managed by Navig8.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Apr 2017 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

THE 30TH WORLD PORTS CONFERENCE Enabling Trade Energizing The World

This event is expected to have more than 500 attendees from the field of port, logistics, shipping and maritime industry…

read more >

Singapore Maritime Week 2017

Singapore Maritime Week (SMW) is the leading maritime event in Singapore. Driven by the Maritime and Port Authority of Singapore (MPA), SMW…

read more >

Breakbulk Europe 2017

For more than a decade, Breakbulk Europe has served as the networking hub for industry professionals who do business in Europe — or would like to! Exhibitors and sponsors include cargo owners, ocean carriers, freight forwarders, ports/terminals, heavy haulers, equipment companies and more that are involved in this specialized industry.

In addition to exceptional networking opportunities, Breakbulk Europe provides a dynamic conference, along with a range of educational and training workshops — intensive all-day classes held the day before the exhibition opens as well as many on-the-floor sessions.

  • Over 7,600 participants attended Breakbulk Europe 2016
  • Meet with over 400 exhibitors and sponsors
  • Hear from industry experts, including leading shippers, during the conference sessions
  • Learn new skills in the educational workshops held before the exhibition and on-the-floor micro-seminars and exhibitor-led sessions during the event

More info

read more >

Smart Operations

Smart Operations events, from Fathom Maritime Intelligence, examines how to use intelligent shared integration, and connected operations…

read more >