Some may forget that a fourth company, privately held Chemical Transport Co (Chemtrans), will take the first deliveries of 10 chemical-tanker newbuildings next year.

TradeWinds asked Georgiopoulos to give a brief take on the current status of each company.

Gener8 Maritime (46 owned tankers, including 18 newbuildings on order, 5.7 million dwt, market capitalisation $791m):

“It’s got the most impressive VLCC fleet with a big eco-newbuilding programme that we’re very excited about, and a relatively large fleet of ships on the water.