The average age of the 10 suezmaxes and aframaxes is 2.1 years, which it says is younger than the average age of the world fleet at 9.5 years.

It also said expanding the fleet with three suezmax newbuildings and up to 17 more vessels from Economou’s private fleet will allow it to enhance its market presence.

Tankships added that it has “demonstrated access to financing.”

Companies