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Maersk Tankers to manage 27 Team Tankers International ships

Maersk Tankers has entered into a deal to commercially manage 27 tankers from Team Tankers International under two new pools, allowing the latter to gain access to Maersk Tankers’ digital approach to commercial management.

Out of the 27 chemical tankers, nine are 13,000 dwt in capacity, four are the 25,000-dwt Flexis and 14 are MR tankers of 46,000-49,000 dwt in capacity.

By taking over the ships, Maersk Tankers will enter into two new segments in which it will establish two new pools.

“With this, we are taking yet another step to deliver our strategy of building scale through partnerships forged by the common goal of using digitisation to reduce CO2 emissions and increase partner returns. The growth in capacity means we can offer our customers additional flexibility in transporting their cargoes and improve our returns to existing and new pool partners,” said Claus Gronborg, chief investment officer at Maersk Tankers.

The cooperation will commence on 1 April 2020 and the vessels are planned to enter the pool during the following months.

As part of the agreement, employees within operations, chartering and bunker management will transfer from Team Tankers International to Maersk Tankers’ offices in Copenhagen, Houston and Singapore.

For Maersk Tankers, the agreement will increase its fleet under management to more than 225 vessels across a range of different segments.

Hans Feringa, president and cet of Team Tankers International, commented: “The cooperation is a further step towards building scale for our tanker fleet. We believe the timing of the cooperation is good as the medium and longer-term outlook for the product and chemical tanker market is positive, and the order book is at a historically low level.”

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