Tankers
International
Pioneers of
VLCC Pooling
At Tankers International we operate the world’s largest pool of modern very large crude oil carriers (VLCCs). Specialists in VLCCs, we give shipowners a transparent and cost-effective solution to maximise earnings in the spot market through powerful economies of scale and unparalleled access to cargoes. For charterers we provide a fleet of modern VLCCs unmatched in quality, availability and flexibility.
We are a relationship-driven business and are proud of the diverse and established network of chartering connections that we have built up since creating the first ever VLCC pool in 2000. We are known for the quality of our fleet; all members need to meet strict safety requirements to join the pool.
Our pool welcomes shipowners large and small who want excellent commercial management of their assets. We act as their outsourced chartering department, focused on using our power and market intelligence to earn the highest financial return. We maximise cash flow during volatile market conditions and take advantage of market upsides.
Owned and financially backed by some of the world’s leading shipowners, our independent and experienced management team operates the pool with the highest levels of safety, integrity, quality and security, and the latest innovations in reporting and carbon offsetting.
We are different from other pools because we operate with a simple all-inclusive management fee, meaning no added commissions or unexpected costs. We trade all vessels on an equal basis and participating owners share all revenues earned based on a fair and transparent Pool Pointing system.
Our team in our commercial offices in London, New York and Singapore is ready to support you 24/7.
Tankers International. Strength. Integrity. Performance.
History
The Tankers International VLCC Pool was created in 2000 to provide a premium shipping service to customers and Participants. Working closely with all stakeholders we deliver crude oil safely and efficiently for the global energy industry. Tankers International was the first company to pool together ships at a scale that created the largest fleet of modern VLCCs in the World and has since been successful in this strategy.
TI Pool commences operation and reaches a fleet size of 51 ships
2000
4 ULCCs (3 million barrel vessels) start trading in the Pool
2004
The last single hull tanker leaves the Pool
2006
The Pool starts using AIS feed to track the movements of the World fleet
2006
VLCC earnings peak at close to USD 150,000 per day
2008
The fleet is enrolled in the Swedish Meteorological and Hydrological Institute (SMHI), for weather routing and performance monitoring
2009
The Pool initiates a separate pool for vessels ages 15 years or older, although all vessels continue to trade under the same overarching commercial umbrella
2012
TI launches an in-house developed fixture app providing up-to-date fixture information
2013
TI and Frontline form a new partnership VLCC Chartering Ltd
2014
A new influx of vessels following the Euronav / Gener8 merger. The fleet reaches 66 vessels
2018
TI and Frontline mutually agree to dissolve VLCC Chartering Ltd
2018
The Pool expands its presence globally with new offices in Singapore and New York
2019
The company launches a Scrubber Pool to welcome Owners with these systems installed on their ships
2019
More than 85,000 individual VLCC voyages recorded in our database dating back to 1997
2019Strategy
We strive to achieve the highest standards
As the world’s leading provider of modern, independent VLCC tonnage the Tankers International Pool has built a reputation for professionalism, trustworthiness, flexibility and service. We believe that commitment to safety, clear communication, creative solutions and transparency are fundamental to the Pool’s success. This strategy is delivered by strong, experienced, independent commercial and post-fixture teams which work to utilise all the Pool vessels to best advantage. Creative scheduling solutions, bespoke IT systems and motivated professional employees at all levels guarantee top quality service to our customers and competitive financial returns to Owners in the Pool.
We endeavour to achieve the highest standards within all areas of our business. We aim to evolve beyond the expectations of our clients, and in so doing remain a premier operator in the crude oil transportation industry.