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Frontline, Euronav and Diamond S Shipping in new suezmax pool

Frontline, Euronav and Diamond S. Shipping have come together in a new suezmax pool.

Marcus Hand, Editor

June 3, 2016

1 Min Read
Kalyakan - stock.adobe.com

The new joint venture - Suezmax Chartering - started operations on Thursday and has pool of 43 suezmaxes, including newbuildings, operating on the spot market.

Frontline will be contributing 22 vessels to the pool, 15 currently on the water and eight newbuildings.

The pool will operate from the three company’s existing offices.

Paddy Rodgers, ceo of Euronav commented:“All three companies’ management share a similar vision in bringing greater transparency to what is a highly fragmented industrial structure.”

Frontline ceo Robert Hvide Macleod added: “We share the common goal of providing safe, timely and high quality service to our customers." 

About the Author

Marcus Hand

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

See more from Marcus Hand
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