ITM Holding wins tanker management contracts

Dubai: International Tanker Management Holding, part of the V.Ships Group, reports that it has this week won a contract from Houston-based Sonangol USA to manage a suezmax tanker. MD Lars Modin says the company is also trying to secure management of five more suezmaxes that the same owner currently has on order, for delivery beginning later this year.

ITM Holding also won a contract for two tanker newbuildings from Greek-based owner Pyxis in late May, meaning it now has five tankers under management from that company.  [16/06/10]