Connecticut-based pools specialist Penfield Marine has scored a major coup for its newest vessel class with the addition of 11 suezmaxes from the fleet of New York neighbour International Seaways.
The cooperation allows Fairfield-headquartered Penfield to instantly boost its suezmax pool to 15 vessels from four, giving it scale that approaches its more mature pools in panamax and aframax tonnage.
All 11 tankers came to International Seaways through its July merger with Diamond S Shipping, the Connecticut-based tanker owner founded by Craig Stevenson and formerly chaired by legendary investor Wilbur Ross.
