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Tokyo Marine Asia and Jo Tankers disband Milestone Chemical Tankers pool

Tokyo Marine Asia and Jo Tankers disband Milestone Chemical Tankers pool
Tokyo Marine Asia and Jo Tankers are disbanding the Milestone Chemical Tankers pool a little over two years after it started operations.

In a joint statement Tokyo and Jo Tankers said they had decided to cease joint business and operations in the Singapore-based pool from 1 October. All existing contracts under the pool will be performed to the end of their periods the company said.

Milestone Chemical Tankers pool was formed at the start of September 2013 with 63 vessels.

TAGS: Europe Tankers