About

Tankers
International
Pioneers of
VLCC Pooling

Τ ankers International was the first company to pool together Very Large Crude Carriers (VLCC). This created the largest fleet of modern crude carriers in the World. The Pool commenced operation in 2000 and has successfully managed and operated a world leading VLCC fleet ever since. The Pool has built a reputation for professionalism, trustworthiness, flexibility and service. We believe that commitment, communication and creativity are fundamental to the Pool’s success. Our participants share a belief in the “Pool” concept with its emphasis on cooperation, transparency and timely reporting. Owners in our Pool benefit from the experience of the strong independent commercial team which works to utilise 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 returns to the Pool.

The Pool welcomes both ship owners with large VLCC fleets as well as those with just a single vessel that are seeking excellent commercial management of their assets. All our participants have proven high standards of ship management and top-quality vessels that meet the essential safety requirements set for membership. The Pool trades all vessels on an equal basis and participating owners share all revenues earned based on a fair and transparent Pool Pointing system.

The vessels in the Tankers International Pool are being traded from our commercial offices in London and in New York and we also have a post-fixture operational office in Singapore to ensure global support to our owners and to our customers.

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

A new Twitter account is created to share live fixture information with our followers

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

2019

Strategy

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.

Mission

To inspire increased confidence in the Tankers International Pool and be the carrier of choice.

To create benefits for customers and participants and in so doing improve financial results for both.

To remain innovative and forward thinking.

To continually develop business opportunities in an ethical and straightforward manner.

To increase productivity and optimise trading of the fleet by development of new industry dedicated IT solutions.

To secure, maintain and further develop the team of highly professional employees in the company.

To inspire increased confidence in the TI Pool and be the carrier of choice.

To create benefits for customers and participants and in so doing improve financial results for both.

To remain innovative and forward thinking.

To continually develop business opportunities in an ethical and straightforward manner.

To increase productivity and optimise trading of the fleet by development of new industry dedicated IT solutions.

To continually develop business opportunities in an ethical and straightforward manner.

Contact

Tankers International Ltd.
London
81 King’s Road, London,
SW3 4NX, UK
T: +44 (0) 20 7870 4700
Tankers (UK) Agencies Ltd.
London
81 King’s Road, London,
SW3 4NX, UK
T: +44 (0) 20 7870 4700
Tankers International (USA)
New York
1301 Avenue of the Americas,
New York, NY 10019, USA
Telephone: +1 212 578 1895
Tankers International (Singapore) Pte. Ltd.
Singapore
10 Hoe Chiang Road, 10-04 Keppel
Towers, Singapore, 089315
Telephone: +65 6800 4077
© 2020 Tankers International All Rights Reserved.   |   Privacy Notice and GDPR   |   Anti-slavery   172-statement
© 2020 Tankers International All Rights Reserved.
 
Privacy Notice and GDPR   |   Anti-slavery 172-statement